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gOOvER gOOvER
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7 years ago
Refer to Table 9-5. Assume Ritchie uses the aging-of-accounts-receivable method for estimating uncollectible accounts. Ritchie estimates that bad-debt expense will be aged as follows: 2.5% for 1-30 days; 4.5% for 31-60 days; 7.5% for 61-90 days; and 22.5% for over 90 days. After the adjustment for uncollectible accounts is made, the net realizable value of the accounts receivable will be:
A) $157,840.
B) $161,040.
C) $170,000.
D) $164,240.
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Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
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raovatallpyraovatallpy
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7 years ago
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gOOvER Author
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7 years ago
Brilliant ツ
choih94
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Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
Ivansitospeed@g
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2 hours ago
this is exactly what I needed
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