Business, 06.05.2021 17:50 Roquelle6301
Valdez Company uses the percent of receivables method to estimate uncollectible accounts expense. Valdez began 2011 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $41,750 and $2,970 (credit), respectively. During the year, the company wrote off $3,020 in uncollectible accounts. In preparation for the company's 2011 estimate, Valdez prepared the following aging schedule (Do not round your intermediate calculations. Round your final answer to two decimal places):
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Valdez Company uses the percent of receivables method to estimate uncollectible accounts expense. Va...
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