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Pearl Industries uses the allowance method of accounting for bad debts. The company produced the...

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Accounting

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Pearl Industries uses the allowance method of accounting for bad debts. The company produced the following aging of the accounts receivable at year-end, (a) Calculate the total estimated bad debts based on the information below. Numb Total 0-30 31-60 Accounts receivable $409.000 $246.000 564,000 96 uncollectible 1% 4. search 70F Clear

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