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Mercy Hospital has the following balances on December 31, 2021, before any adjustment Accounts Receivable = $61.000Allowance for Uncollectible Accounts = $1.400 (credit). Mercy estimates
Mercy Hospital has the following balances on December 31, 2021, before any adjustment Accounts Receivable = $61.000Allowance for Uncollectible Accounts = $1.400 (credit). Mercy estimates uncollectible accounts based on an aging of accounts receivable as shown below nts Age Group Not yet due 8-30 days past due 31-90 days past due More than 90 days past due Total eBook Estimated Percent Uncollectible 15% 20% 45% 85% Amount Receivable $41,000 10,100 7,180 2,800 $ 61,800 Hint Ask Print References Required: 1. Estimate the amount of uncollectible receivables Age Group Estimated Amount Uncollectible Not yet due 0-30 days past due 31-90 days past due ther on Hart in Me
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