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PRINTER VERSION BACK uestion 5 For the year ended December 31, 2020, Ferguson Corp. estimated its allowance for doubtful accounts using the year-end aging of

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PRINTER VERSION BACK uestion 5 For the year ended December 31, 2020, Ferguson Corp. estimated its allowance for doubtful accounts using the year-end aging of accounts receivable. Additional information for calendar 2020 follows: Allowance for doubtful accounts, beginning $74,000 Estimated uncollectible accounts during 2020 (1% of credit sales of $8,000,000) 80,000 Uncollectible accounts written off during year 104,000 Estimated uncollectible accounts per year end aging 148.000 For the year ended December 31, 2020, Ferguson's bad debt expense should be $74,000 $252,000 $178,000 $104,000 Question Attempts of 1 weed SUBMIT

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