Ace Co.prepared an aging of its accounts receivable at December 31, 2010 and determined that the net realizable value of the receivables was $300,000.Additional information is available as follows: For the year ended December 31, 2010, Ace's uncollectible accounts expense would be

Question

Ace Co.prepared an aging of its accounts receivable at December 31, 2010 and determined that the net realizable value of the receivables was $300,000.Additional information is available as follows:  For the year ended December 31, 2010, Ace's uncollectible accounts expense would be

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The Answer of Ace Co.prepared an aging of its accounts receivable at December 31, 2010 and determined that the net realizable value of the receivables was $300,000.Additional information is available as follows:  For the year ended December 31, 2010, Ace's uncollectible accounts expense would be

Ace CoPrepared an Aging of Its Accounts Receivable at December 31