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On January 1 Year 2 Kincaid Company's Accounts Receivable and the Allowance for Doubtful Accounts camed balances of 572000 and 52.900 respectively During Year 2.
On January 1 Year 2 Kincaid Company's Accounts Receivable and the Allowance for Doubtful Accounts camed balances of 572000 and 52.900 respectively During Year 2. Kincold reported $190.000 of credit sales wrote of $1750 of receivables as uncollectible, and collected cash from recevables amounting to $277.700 Kincaid estimates that it will be Unable to collect one percent of credit sales Which of the following describes the effects of wing off the uncollectible accounts Decododense cards Obecom
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