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Ulta Inc uses the Aging Method to estimate bad debt expense. They provide you with the following Aging schedule of their Accounts Receivable as of
Ulta Inc uses the Aging Method to estimate bad debt expense. They provide you with the following Aging schedule of their Accounts Receivable as of December X:
AR Days Outstanding X Balance Uncollectible
days $
days $
days $
Greater than days $
Total $
Utla's beginning of year BOY balance in their "Allowance for Uncollectible Accounts" account on January X was $
Ulta chargedoff $ of worthless Accounts Receivables in X
After computing Ulta's December X Allowance for Doubtful Accounts balance, what is their NET ACCOUNTS RECEIVABLE balance at December X
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