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What the uncollectible accounts expense

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Problem - Prince Charming had annual sales of $2,000,000, and the January 1 Allowance for Uncollectibles had a credit balance of $50,000. $18,600 of accounts were written off during the year. Using the percentage of sales technique and a 5% rate, what the uncollectible accounts expense?

Reference no: EM132918674

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