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Business, 19.03.2020 02:29, emilypzamora11
Baltimore Company uses aging to estimate uncollectibles. At the end of the fiscal year, December 31, 2018, Accounts Receivable has a balance that consists of:
Dollar Value Age of Account Estimated Collectible
$170,000 < 30 days old 99%
60,000 30 to 60 days old 91%
30,000 61 to 120 days old 80%
14,000 > 120 days old 13%
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Answers: 1
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Baltimore Company uses aging to estimate uncollectibles. At the end of the fiscal year, December 31,...
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