Question 1 --/1 View Policies Current Attempt in Progress Using the following information: 12/31/17 Accounts...
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Accounting
Question 1 --/1 View Policies Current Attempt in Progress Using the following information: 12/31/17 Accounts receivable $530000 Allowance (36000) Cash realizable value $494000 During 2018, sales on account were $144800 and collections on account were $98400. Also during 2018, the company wrote off $4090 in uncol lecti ble accounts. An analysis of outstanding receivable accounts at year end indicated that uncol lectible accounts should be estimated at $40800. Bad debt expense for 2018 is $4800. $8890. $40800. O$4090. Attomul
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