Question: Define and describe the Analysis of Receivables Method for estimating uncollectible accounts. Include in your answer: 1) The numbers that are used to determine the

Define and describe the "Analysis of Receivables Method" for estimating uncollectible accounts.

Include in your answer:

1) The numbers that are used to determine the amount

2) The amount used in the journal entry

3) Why this is done, and why it's important

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