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Carla Vista Couses an aging schedule at December 31. Number of Days Outstanding 0-30 days 31-60 days 61-90 days Over 90 days Total Accounts Receivable

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Carla Vista Couses an aging schedule at December 31. Number of Days Outstanding 0-30 days 31-60 days 61-90 days Over 90 days Total Accounts Receivable $265,500 70,100 44.900 21,400 $401,900 Estimated % Uncollectible 196 6% 8% 18% Estimated Uncollectible Accounts $2,655 4,206 3.592 3,852 $14,305 Assuming the allowance for doubtful accounts has an unadjusted credit balance of $5,560 at December 31, what is the bad debt expense for the year? Bad debt expense $ Prepare the current assets section of the balance sheet for Carla Vista Co. Assume that, in addition to the receivables, it has cash of $84,800, merchandise inventory of $129,000, and prepaid insurance of $8.000. (List Current Assets in order of liquidity) CARLA VISTA CO. Balance Sheet (Partial) Assets 1 $

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