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Brief Exercise 5 - 1 1 ( Algo ) Calculate uncollectible accounts using the aging method ( LO 5 - 5 ) Williamson Distributors separates
Brief Exercise Algo Calculate uncollectible accounts using the aging method LO
Williamson Distributors separates its accounts receivable into three age groups for purposes of estimating the percentage of uncollectible accounts.
Accounts not yet due $; estimated uncollectible
Accounts to days past due $; estimated uncollectible
Accounts more than days past due $; estimated uncollectible
Compute the total estimated uncollectible accounts.
tableAge Group,tableEstimated AmountUncollectibleNot yet due, to days past due,More than days past due,Total$
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