Question: 11) Using the Aging Method for estimating uncollectible accounts, if the total accounts receivable that is 61-120 days past due is $200,000 and the estimated

11) Using the Aging Method for estimating uncollectible accounts, if the total accounts receivable that is 61-120 days past due is $200,000 and the estimated percent uncollectible is 40%, what is the estimated amount uncollectible? a) $20,000 b) $61,000 c) $80,000 d) $120,000

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