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Business, 28.06.2019 03:20 JOHNDoe3443
On january 1, year 2, grande company had a $71,800 balance in the accounts receivable account and a $3,100 balance in the allowance for doubtful accounts account. during year 2, grande provided $194,000 of service on account. the company collected $234,500 cash from accounts receivable. uncollectible accounts are estimated to be 1% of sales on account. the amount of uncollectible accounts expense recognized on the year 2 income statement is:
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On january 1, year 2, grande company had a $71,800 balance in the accounts receivable account and a...
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