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Use the Following Information for Questions 104 and 105

Question 140

Multiple Choice

Use the following information for questions 104 and 105.
A trial balance before adjustments included the following: Use the following information for questions 104 and 105. A trial balance before adjustments included the following:   -If the estimate of uncollectibles is made by taking 10% of gross account receivables, the amount of the adjustment is A)  $7,080. B)  $8,600. C)  $8,448. D)  $10,120.
-If the estimate of uncollectibles is made by taking 10% of gross account receivables, the amount of the adjustment is


A) $7,080.
B) $8,600.
C) $8,448.
D) $10,120.

Correct Answer:

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