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Estimate the uncollectible accounts used by the macdougall

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Question 1: On January 31 the firm had accounts receivable in the amount of $750 000. The Allowance for Doubtful Accounts had a credit balance of $5 250. The controller estimated that the uncollectible accounts expense would amount to one-half of 1% of the $4 500 000 of net sales made during January estimate the uncollectible accounts used by the MacDougall brothers using the income statement approach.

Reference no: EM132586408

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