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Business, 30.03.2021 21:50 golderhadashaowtatz
Kirchhoff Industries has a past history of uncollectible accounts, as follows.
Age Class Percent Uncollectible
Not past due 2%
1-30 days past due 4
31-60 days past due 18
61-90 days past due 40
Over 90 days past due 75
Required:
Estimate the allowance for doubtful accounts.
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Answers: 1
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Kirchhoff Industries has a past history of uncollectible accounts, as follows.
Age Class Percent Un...
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