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Question: On 30 November, account balances relating to the accounts receivable management function of Minnesota's CitySlickers Hotel were as follows

The company accountant has decided that all accounts with an age of 180 days or more should be written off from the accounts receivable ledger. In addition, the doubtful accounts balance should be revised to reflect the remaining estimated doubtful accounts following the year-end review of the accounts receivable ledger.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92327623

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