As of December 31, 2020, G Co, reported accounts receivable of $230,000 and an allowance...
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Accounting
As of December 31, 2020, G Co, reported accounts receivable of $230,000 and an allowance for uncollectible accounts of $9.300 During 2021, accounts receivable increased by $23,700, (that change includes $7.550 of bad debts that were written off). An analysis of Gill Cos December 31, 2021, accounts receivable suggests that the allowance for uncollectible accounts should be 4% of accounts receivable Bad debt expense for 2021 would be Multiple Choice $10348 57550 None of these answer choices are correct $8.398 38 39 22 of 30 il Nood
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