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Business, 30.03.2020 22:10 Kiki18love

OPA Bakery estimates the allowance for uncollectible accounts at 3% of the ending balance of accounts receivable. During 2016, OPA's credit sales and collections were $125,000 and $131,000, respectively. What was the balance of accounts receivable on January 1, 2016, if $180 in accounts receivable were written off during 2016 and if the allowance account had a balance of $750 on December 31, 2016

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OPA Bakery estimates the allowance for uncollectible accounts at 3% of the ending balance of account...
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