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Business, 04.08.2020 17:01 ryleepretty

During 2018, its first year of operations, Pave Construction provides services on account of $126,000. By the end of 2018, cash collections on these accounts total $93,000. Pave estimates that 20% of the uncollected accounts will be bad debts. Required: a. Record the adjustment for uncollectible accounts on December 31, 2018.b. Calculate the net realizable value of accounts receivable.

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During 2018, its first year of operations, Pave Construction provides services on account of $126,00...
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