404539/quizzes/892219/take A year-end review of Accounts Receivable and estimated uncollectible percentages revealed the following: 1-30...
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404539/quizzes/892219/take A year-end review of Accounts Receivable and estimated uncollectible percentages revealed the following: 1-30 days $90,000 1% $40,000 5% 31-60 days 61-90 days $24,000 15% Over 90 days $8,000 40% The beginning credit balance in Allowance for Uncollectible Accounts was $1,200. Under the aging-of- receivables method, the uncollectible-account expense for the year is
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