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Remaining Time: 56 minutes, 49 seconds. Question Completion Status The Ritchie Company gathered the following information pertaining to its year ended December 31, 2017, prior
Remaining Time: 56 minutes, 49 seconds. Question Completion Status The Ritchie Company gathered the following information pertaining to its year ended December 31, 2017, prior to any adjustments: et credit sales for the year $780 ts receivable, Dec. 3t, 2017 170,000 for doubtful accounts, Dec 31, 2017 3,200 Cr Aging of accounts receivable at December 31, 2017 1-30 days 31-60 days 61-90 days Over 90 days $95,000 23 14 Refer to the Table. Assume Ritchie uses the aging-of accounts- receivable method for ts will be aged as follows: 296 for 1-30 days: 4% for 31 60 days: 10% for 61-90 days; and 25% for over 90 days. The balance in allowance for the adjusting entry for uncollectible accounts will be Cliok Save and Submit to save and submit, Click Save All Ansuers to sape ll ans
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