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Brief Exercise 7.3 (Algo) Using an aging of accounts receivable to estimate uncollectible accounts expense LO 7.3 Teocalli Burritos owns a fleet of food delivery
Brief Exercise 7.3 (Algo) Using an aging of accounts receivable to estimate uncollectible accounts expense LO 7.3 Teocalli Burritos owns a fleet of food delivery trucks that provide food services to a variety of local entertainment events. Management for the company provided you the following information pertaining to the accounts receivable aging schedule. Required: Using the percent of receivables method, what amount will Teocalli Burritos estimate as uncollectible accounts expense
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