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Business, 26.03.2020 22:06 nmartin5185

Ightning uses the aging method and estimates it will not collect 7% of accounts receivable not yet due, 15% of receivables up to 30 days past due, and 45% of receivables greater than 30 days past due. The accounts receivable balance of $8,600 consists of $5,500 not yet due, $2,100 up to 30 days past due, and $1,000 greater than 30 days past due. What is the appropriate amount of Bad Debt Expense

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