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Business, 06.07.2019 04:20 burnsmykala23
On december 31, 2015, andy inc. has a debit balance of $1,500 for the allowance for uncollectible accounts before any year-end adjustment. andy inc. also has the following information for its accounts receivable and the estimated percentages of bad debts for different past-due amounts: age group-accounts receivable- estimated percent uncollectible(0-30)-$50,000-5%(31-6 0)-$20,000-10%(61-90)-$10,000-20%-$ 6,500.-$1,500.-$5,000.-$8,000.
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On december 31, 2015, andy inc. has a debit balance of $1,500 for the allowance for uncollectible ac...
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