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Before year-end adjusting entries, Vaughn Manufacturing's account balances at December 31, 2020, for accounts receivable and the related allowance for uncollectible accounts were $1570000 and
Before year-end adjusting entries, Vaughn Manufacturing's account balances at December 31, 2020, for accounts receivable and the related allowance for uncollectible accounts were $1570000 and $87300, respectively. An aging of accounts receivable indicated that $129000 of the December 31 receivables are expected to be uncollectible. The accounts receivable amount expected to be collected after adjustment is $1482700. $1353700. $1528300. $1441000.
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