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Business, 23.10.2019 04:00 DaFuzzyDude
On december 31, year 3, alpha company had an ending balance of $200,000 in its accounts receivable account and an unadjusted (current) balance in its allowance for doubtful accounts account of $300. alpha estimates uncollectible accounts expense to be 1% of receivables. based on this information, the amount of uncollectible accounts expense shown on the year 3 income statement is:
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On december 31, year 3, alpha company had an ending balance of $200,000 in its accounts receivable a...
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