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Receivables

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****** Result for Image/Page 1 ****** Eawork 28.8 Soore Items Bestial ompany s trial balance on December 31, 2020 incuded the folowing abcounts Allowance tor doubtrul accounis Sales 7.200,000p Sales retum 200,000 The entity estimated uncollectible acoounts receivable at 2% of net sales. VWhat is the amount of doubtful accounts expense that should be reported for 202U? 140,u00 . 135,000 d. 144,000 D. 145,000 SEawork Z8.9 Soore Items aninumompany proviaed tne lowing niormaton n relaton 0 aceuntS ECEvae at year-enar Days Outstanding Estimated Amount 7 uncollectible -60 1.200. O00 T 81-120 900.000 1,000.000 3.100.000 Over During the curreint year, the entity wirote of P50,000 in accounts receivable. At the beginning of current year, the alowan ce tor uncollectibe a0cOunis was PEulDU. Jnder the aging mehod, what amount of uncolectible accounts expanSe should De reported for the current year? 70,000 i. B0,000 a. 90.000 D. B0,Uu0

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