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Business, 10.03.2020 16:56 elijahmaderos25491

As of December 31, 2018, Amy Jo's Appliances had unadjusted account balances in accounts receivable of $311,000 and $970 in the allowance for uncollectible accounts, following 2018 write-offs of $6,450 in bad debts. An analysis of Amy Jo's December 31, 2018, accounts receivable suggests that the allowance for uncollectible accounts should be 2% of accounts receivable. Bad debt expense for 2018 should be:

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As of December 31, 2018, Amy Jo's Appliances had unadjusted account balances in accounts receivable...
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