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Wildhorse Company has accounts receivable of $116,388 at March 31, 2027. At March 31, 2027, there is a $2,562 balance in Allowance for Doubtful Accounts
Wildhorse Company has accounts receivable of $116,388 at March 31, 2027. At March 31, 2027, there is a $2,562 balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimates of bad debts are as follows.
Determine the total estimated uncollectibles for 2027.
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