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XYZ company uses an aging schedule to determine its estimated uncollectible accounts. What is the total estimated uncollectible accounts based on the following schedule. Number
XYZ company uses an aging schedule to determine its estimated uncollectible accounts. What is the total estimated uncollectible accounts based on the following schedule. Number of Estimated Accounts Days % Receivable Outstanding Uncollectible 0-30 days $240,200 31-60 days $90,600 61- 90 days $40,300 Over 90 $12,100 days 3% 7% 10% 19%
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