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Business, 16.12.2019 23:31 clay373

Sage hill inc. uses the allowance method of accounting for bad debts. the company produced the following aging of the accounts receivable at year-end. incorrect answer. your answer is incorrect. try again. calculate the total estimated bad debts based on the information below. number of days outstanding total 0–30 31–60 61–90 91–120 over 120 accounts receivable $422,000 $260,000 $91,000 $41,000 $18,000 $12,000 % uncollectible 1% 4% 5% 8% 11%

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