Business, 15.10.2019 02:00 damienlopezram

At the end of the year, a company has the following accounts receivable and estimates of uncollectible accounts: accounts not yet due = $79,000; estimated uncollectible = 7%. accounts 1-30 days past due = $36,000; estimated uncollectible = 25%. accounts more than 30 days past due = $3,000; estimated uncollectible = 65%. record the year-end adjustment for uncollectible accounts, assuming the current balance of the allowance for uncollectible accounts is $1,600 (debit). (if no entry is required for a particular transaction/event, select "no journal entry required" in the first account field.)

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At the end of the year, a company has the following accounts receivable and estimates of uncollectib...

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