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Domino Company ages its accounts receivable to estimate uncollectible accounts expense. Domino began Year 2 with balances in Accounts Recelvable and Allowance for Doubtful Accounts
Domino Company ages its accounts receivable to estimate uncollectible accounts expense. Domino began Year 2 with balances in Accounts Recelvable and Allowance for Doubtful Accounts of $40,170 and \$3,080, respectively. During Year 2 . the company wrote off $2,420 in uncollectible accounts, In preparation for the company's estimate of uncollectible accounts expense for Year 2, Domino prepared the following aging schedule: What amount will be reported as uncollectible accounts expense on the Year 2 income statement
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