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Business, 12.02.2022 09:00 Nobleufia

As of December 31, 2021, Amy Jo's Appliances had unadjusted account balances in accounts receivable of $309,000 and $950 in the allowance for uncollectible accounts, following 2021 write-offs of $6,370 in bad debts. An analysis of Amy Jo's December 31, 2021, accounts receivable suggests that the allowance for uncollectible accounts should be 3% of accounts receivable. Bad debt expense for 2021 should be:

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As of December 31, 2021, Amy Jo's Appliances had unadjusted account balances in accounts receivable...
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