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Business, 10.11.2019 02:31 miranda911

Williamson distributors separates its accounts receivable into three age groups for purposes of estimating the percentage of uncollectible accounts. 1. accounts not yet due= $40,000; estimated uncollectible = 5%. 2. accounts 1-30 days past due = $11,000; estimated uncollectible = 20%. 3. accounts more than 30 days past due= $5,000; estimated uncollectible = 30%. compute the total estimated uncollectible accounts.

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