Business
Business, 31.10.2021 04:00, dededese2403

Dorothy had net sales (all on account) in 2020 of $ 850000. At December 31, 2020, before adjusting entries, the balances in selected accounts were: accounts receivable $ 1080000 debit, and allowance for doubtful accounts $ 2310 debit. Dorothy estimates that 3% of its accounts receivable will prove to be uncollectible. What is the net amount expected to be collected of the receivables reported on the financial statements at December 31, 2020

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Dorothy had net sales (all on account) in 2020 of $ 850000. At December 31, 2020, before adjusting e...

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