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eet ms 1. Describe accounts receivable and how they are recorded in the accounting system. 2. Use this table to answer the questions below the
eet ms 1. Describe accounts receivable and how they are recorded in the accounting system. 2. Use this table to answer the questions below the table December 31, 2020 Accounts Receivable 140,000 60,000 19,000 5,000 7,000 Schedule of Accounts Receivable by Age Age of Accounts Receivable Not yet due 1-30 days past due 31-60 days past due 61-90 days past due Over 90 days past due 2.1 Calculate the amounts in the Allowance for doubtful accounts column 2.2 Present the appropriate general journal entry to record bad debts expense on December 31, 2020. Expected Percentage Uncollectible 0.75% 4% 10% 60% 90% Allowance for doubtful accounts Activate Windows Go to Settings to activate Win
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