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need a correct answer please B D E F 1 Age of Accounts Receivable N 3 3 Accounts Receivable 1-30 31-60 61-90 Over 90 Days
need a correct answer please
B D E F 1 Age of Accounts Receivable N 3 3 Accounts Receivable 1-30 31-60 61-90 Over 90 Days Days Days Days Total $179,000 $95,000 $37,500 $17,000 $328,500 0.1% 0.3% 5.0% 40.0% 4 Estimated percent uncollectible 5 1. Record the transactions in the general journal using aging method and finding the uncollectibles 2. Make T accounts for A/R, and the uncollectible reporting accounts and post the uncollectibles 3 What is the Net Recievables? 4 Suppose, on December 31, the bad debt expense was based on an estimate of 4 percent of the accounts receivable balance ($328,500) rather than on the aging of accounts receivable. Record the December 31, 2020, entry for bad debt expense in the general journalStep by Step Solution
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