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Determine the estimated uncollectible amount for march

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Reference no: EM133079127

Question - Deerfield Golf's sales are 30% cash and 70% on credit. 60% of the credit sales are collected in the month of the sale, 25% in the month after the sale, and 12% in the second month following the sale. The remainder is considered uncollectible.

Sales data for the year to date is as follows: $60,000 in January, $70,000 in February, $50,000 in March, and $30,000 in April. Please determine the estimated uncollectible amount for March.

Reference no: EM133079127

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