Valuation and Disposition of Accounts: Valuing Accounts Receivable (Allowance Method for Uncollectible Accounts)- Knowledge Check Knowledge...

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Valuation and Disposition of Accounts: Valuing Accounts Receivable (Allowance Method for Uncollectible Accounts)- Knowledge Check Knowledge Check Culver Inc. provided the following partial aging schedule with percentages of uncollectibility for each category. Complete the aging schedule to determine the required balance in the Allowance for Doubtful Accounts account. 0-30 $90,000 1% 31-60 $20,500 3.0% 61-90 $6,500 5.0% Over 90 $13,000 22% eTextbook and Media $ $ Valuation and Disposition of Accounts: Valuing Accounts Receivable (Allowance Method for Uncollectible Accounts)- Knowledge Check Knowledge Check Culver Inc. provided the following partial aging schedule with percentages of uncollectibility for each category. Complete the aging schedule to determine the required balance in the Allowance for Doubtful Accounts account. 0-30 $90,000 1% 31-60 $20,500 3.0% 61-90 $6,500 5.0% Over 90 $13,000 22% eTextbook and Media $ $