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Young and Restless Corporation (YRC) uses two aging categories to estimate uncollectible accounts. Accounts less than 60 days are considered current and have a 2%

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Young and Restless Corporation (YRC) uses two aging categories to estimate uncollectible accounts. Accounts less than 60 days are considered current and have a 2% uncollectible rate. Accounts more than 60 days are considered delinquent and have a 35% uncollectible rate.. YRC's Allowance for Doubtful Accounts currently has an unadjusted debit balance of $823 If YRC has $66,570 of current accounts and $6,810 of delinquent accounts, how much should be reported as Bad Debt expense? Young and Restless Corporation (YRC) uses two aging categories to estimate uncollectible accounts. Accounts less than 60 days are considered current and have a 3% uncollectible rate. Accounts more than 60 days are considered delinquent and have a 20% uncollectible rate. YRC's Allowance for Doubtful Accounts currently has an unadjusted credit balance of $810 If YRC has $83,030 of current accounts and $6,120 of delinquent accounts, how much should be reported in the Allowance for Doubtful Accounts? Assume Brandall Co. had credit sales of $155,063 and cost of goods sold of $48,342 for the period. Brandall uses the percentage of credit sales method and estimates that 3 percent of credit sales would result in uncollectible accounts. Before the end-of-period adjustment is made, the Allowance for Doubtful Accounts has a credit balance of $545. What is the adjusted (ending) balance in the Allowance for Doubtful Accounts that Brandall would report on the Balance Sheet? \$

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