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Wildhorse Couses the allowance method of accounting for bad debts. The company produced the following aging of the accounts receivable at year-end (a) Calculate the
Wildhorse Couses the allowance method of accounting for bad debts. The company produced the following aging of the accounts receivable at year-end (a) Calculate the total estimated bad debts based on the information below. Nur Total $489.000 0-30 $318.000 31-60 591.000 Accounts receivable 13 49 % uncollectible $ Estimated bad debts 5
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