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Please answer asap A company has the following accounts receivable and estimates of uncollectible accounts: 1. Accounts not yet due =$66,000; estimated uncollectible =3%. 2.
Please answer asap
A company has the following accounts receivable and estimates of uncollectible accounts: 1. Accounts not yet due =$66,000; estimated uncollectible =3%. 2. Accounts 1 to 30 days past due =$21,000; estimated uncollectible =10%. 3. Accounts more than 30 days past due =$144,000; estimated uncollectible =60%. Required: Compute the total estimated uncollectible accounts Step by Step Solution
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