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Flounder Corporation has conducted a year-end review of its outstanding accounts receivable has determined the...

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Accounting

Flounder Corporation has conducted a year-end review of its outstanding accounts receivable has determined the following information at December 31,2023:
\table[[,\table[[Outstanding],[Balance]],\table[[Percentage Estimated],[to be Uncollectible]]],[-30 days outstanding,$61,600,2.0%
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