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Use this information to answer the following question. The general ledger account for Accounts Receivable shows a debit balance of $50,000.Allowance for Uncollectible Accounts has a credit balance of $1,000.Net sales for the year were $500,000.In the past,2 percent of sales have proved uncollectible,and an aging of accounts receivable accounts results in an estimate of $13,500 of uncollectible accounts.
-Using the percentage of net sales method,Uncollectible Accounts Expense would be debited for
Genetic Predisposition
The increased likelihood of developing a particular disease or trait based on a person's genetic makeup, inherited from their parents.
Contracting Disease
The process of becoming infected with a disease, often through the spread of pathogens from one individual to another.
Secondary Aging
The aging process that results from disease and poor health practices rather than from the passage of time (primary aging) or genetic influences.
Environmental Factors
Environmental factors encompass all external conditions and influences that affect the life and development of an organism or community.
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