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Business, 10.07.2019 00:30 lbbeanss

Domino company uses the aging of accounts receivable method to estimate uncollectible accounts expense. domino began year 2 with balances in accounts receivable and allowance for doubtful accounts of $41,510 and $3,200, respectively. during the year, the company wrote off $2,490 in uncollectible accounts. in preparation for the company's year 2 estimate, domino prepared the following aging schedule: number of days receivables % likely to be past due amount uncollectible current $ 62,000 1% 0-30 24,900 5% 31-60 5,960 10% 61-90 2,920 25% over 90 2,600 50% total $ 98,380 what will domino record as uncollectible accounts expense for year 2?

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