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QUESTION 34 At what amount will accounts receivable be reported on the balance sheet if the gross receivable balance is $50,000 and the allowance for
QUESTION 34 At what amount will accounts receivable be reported on the balance sheet if the gross receivable balance is $50,000 and the allowance for uncollectible accounts is estimated at 16 % of gross receivables? A customer did not pay the balance of $6,300 and filed for a bankruptcy protection. CA $6,300 OB $8,000 OC $28,700 o$42,000 CES50,000 QUESTION 35 Heller Corporation has aged its accounts receivable and estimated uncollectible accounts as follows (in thousands). What bad debt expense should the company report for the current period? Age of Receivables Estimated % uncollectible 1% A/R Balance S11,000 Current 3 2,400 30-60 days past due 1,700 6% 61-90 days past due 840 10% Over 90 days past due OAS 110 thousand OB.S 368 thousand O C.$6,600 thousand OD.S 258 thousand EThere is not enough information to determine the amount
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