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Credit Losses Based on Accounts Receivable Graham, Inc., analyzed its accounts receivable balances at...

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Accounting

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Credit Losses Based on Accounts Receivable
Graham, Inc., analyzed its accounts receivable balances at December 31, and arrived at the aged balances listed below, along with the percentage that is estimated to be uncollectible:
\table[[Age Group,Balance,\table[[Probability of],[Noncollection]]],[0-30 days past due,$150,000,1%
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