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How to record the recovery of an uncollectible account

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Reference no: EM132843482

Problem 1: How to record the recovery of an uncollectible account?

Problem 2: What are the two bases for estimating uncollectibles?

Problem 3: How to compute interest on notes receivable?

Problem 4: What's the formula for calculating accounts receivable turnover?

Problem 5: What's the formula for calculating average collection period in days?

Reference no: EM132843482

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