Calculate the allowance for doubtful accounts using the accounts receivable aging method using the following information:...

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Calculate the allowance for doubtful accounts using the accounts receivable aging method using the following information: Beginning Allowance for Doubtful Accounts Balance: $5,000 Age Group 0-30 days past due 31-60 days past due 61-120 days past due 121-180 days past due Over 180 days past due O $5,050 O $13,100 $5,000 O $142,500 Balance $100,000 $20,000 $15,000 $2,500 $5,000 nany handles credit losses using the allowance method. The credit balance of the Allowance Probability of Non-Collection 2% 4% 5% 10% 25% Calculate the allowance for doubtful accounts using the accounts receivable aging method using the following information: Beginning Allowance for Doubtful Accounts Balance: $5,000 Age Group 0-30 days past due 31-60 days past due 61-120 days past due 121-180 days past due Over 180 days past due O $5,050 O $13,100 $5,000 O $142,500 Balance $100,000 $20,000 $15,000 $2,500 $5,000 nany handles credit losses using the allowance method. The credit balance of the Allowance Probability of Non-Collection 2% 4% 5% 10% 25%

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