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Question 3 2 pts 1. of accounts receivable is the detailed analysis of trade accounts receivable based on time that has elapsed since the creation

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Question 3 2 pts 1. of accounts receivable is the detailed analysis of trade accounts receivable based on time that has elapsed since the creation of the receivable. An estimated loss percentage is applied to each time category to estimate an amount. The estimated bad debt expense consists of the difference between the current balance in the Allowance for Doubtful Accounts general ledger account and the amount required to be set up based on this analysis

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