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Business, 19.03.2021 23:50 jimena15

Novak Corp. has accounts receivable of $90,300 at March 31, 2022. Credit terms are 2/10, n/30. At March 31, 2022, there is a $2,284 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company’s estimates of uncollectibles are as shown below.

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Novak Corp. has accounts receivable of $90,300 at March 31, 2022. Credit terms are 2/10, n/30. At Ma...
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