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Business, 12.03.2020 00:04 avriannamcclenton1

At December 31, Amy Jo's Appliances had account balances in Accounts Receivable of $311,000 and in Allowance for Uncollectible Accounts of $970 (credit) before any adjustments. An analysis of Amy Jo's December 31 accounts receivable suggests that the allowance for uncollectible accounts should be 2% of accounts receivable. Bad debt expense for the year should be:

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At December 31, Amy Jo's Appliances had account balances in Accounts Receivable of $311,000 and in A...
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