Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit bala...

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Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit balance of $881,0

S eBook Calculator ays pustu Over 120 days past due Required: 80 1. Determine the number of days past due for each of the pre

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Answer 1

Answer #1

1) a $9,980,000*3/4*1% = $74,850 b $38,100- $11,900 $26,200 c $9,980,000*1/4*1% = $24,950 d $43,200 $5,200 $48,400

Note: Information for 2nd question is incomplete, so couldn't answer.

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Answer 2

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