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On December 31 an aging of receivables revealed the following Age in days Amount % Uncollectible 0-30400,0000.5% 31-60100,0001.5 61-9060,00010.0 91-12020,00050.0 Over 120099.0 The allowance for
On December 31 an aging of receivables revealed the following
Age in daysAmount% Uncollectible
0-30400,0000.5%
31-60100,0001.5
61-9060,00010.0
91-12020,00050.0
Over 120099.0
The allowance for doubtful accounts has an unadjusted debit balance of $200.
Record the year end adjusting entry for uncollectible accounts.
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Management Information Systems Managing the digital Firm
Authors: Kenneth C. Laudon, Carol Guercio Traver
14th edition
