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Required information Charlie's Angles is a vinyl siding installer evaluating its accounts receivable as it records adjustments at the end of the year 2 0
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Charlie's Angles is a vinyl siding installer evaluating its accounts receivable as it records adjustments at the end of the year It uses the aging method for estimating bad debts, and has a $ accounts receivable balance as of December st of which $ is less than days outstanding and $ is more than days outstanding. It expects uncollectability rates of for the accounts less than days outstanding, and for the accounts more than days outstanding. Use this information to answer the following three questions, and assume that each of the questions below are independent of each other eg your answer for the first one should have no effect on your answer for the second or third
What amount of bad debt expense will Charlie's Angles record if its allowance for doubtful accounts before recording adjustments has a balance of $
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