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Makeup of Current Assets 1. Identify the amount of credit sales. 2. Identify the amount of accounts recelvable. 3. Estimate the balance of the Allowance

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Makeup of Current Assets 1. Identify the amount of credit sales. 2. Identify the amount of accounts recelvable. 3. Estimate the balance of the Allowance for Doubtiul Accounts using the percent of accounts receivable method. Hint. identify the percent of uncollectible for accounts receivable

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