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Business, 06.05.2020 03:31 KallMeh

At December 31, 2017, Sorrento Inc. estimated bad debts as 3% of the outstanding balance of Accounts Receivable. At December 31, 2018, Sorrento determined that it should increase its estimate to 6.5%. This change is handled on a:

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At December 31, 2017, Sorrento Inc. estimated bad debts as 3% of the outstanding balance of Accounts...
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