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Business, 13.12.2019 02:31 g0606997

As of december 31, 2020, gill co. reported accounts receivable of $216,000 and an allowance for uncollectible accounts of $8,400. during 2021, accounts receivable increased by $22,000 (that change includes $7,800 of bad debts that were written off). an analysis of gill co.'s december 31, 2021, accounts receivable suggests that the allowance for uncollectible accounts should be 3% of accounts receivable. bad debt expense for 2021 would be

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As of december 31, 2020, gill co. reported accounts receivable of $216,000 and an allowance for unco...
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