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Business, 05.05.2020 21:35 smilxess

The following aging information pertains to Jacobsen Co.'s accounts receivable at December 31, 2021: Days Outstanding Amount Estimated % Uncollectible 0-30 $ 431,000 3 % 31-60 151,000 4 % 61-120 111,000 9 % Over 120 131,000 18 % During 2021, Jacobsen wrote off $19,100 in receivables and recovered $7,100 that had been written off in prior years. Jacobsen's December 31, 2020, allowance for uncollectible accounts was $45,500. Using the balance sheet approach, what amount of allowance for uncollectible accounts should Jacobsen report at December 31, 2021

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