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Business, 19.08.2020 18:01 senituliii

Jay Inc. Estimates uncollectible accounts using the percentage-of-receivables method and expects that 3.5% of outstanding receivables will be uncollectible for 2016. The balance in Accounts receivable is $243,000. And the Allowance for Doubtful Accounts has a credit balance of $4,300 before adjustment at year-end. The bad Debt Expense for 2016 will be;

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