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Oriole Company has accounts receivable of $92,000 at March 31, 2022. Credit terms are 2/10,n/30. At March 31, 2022, there is a $1,949 credit balance
Oriole Company has accounts receivable of $92,000 at March 31, 2022. Credit terms are 2/10,n/30. At March 31, 2022, there is a $1,949 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimates of bad debts are as shown below. (a) Determine the total estimated uncollectibles at March 312022. The total estimated uncollectibles $
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