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The Following Accounts Were Abstracted from Urich Co

Question 27

Multiple Choice

The following accounts were abstracted from Urich Co.'s unadjusted trial balance at December 31, 2010: The following accounts were abstracted from Urich Co.'s unadjusted trial balance at December 31, 2010: Urich Co.estimates that 1.5 percent of the gross accounts receivable will become uncollectible.After adjustment at December 31, 2010, the allowance for doubtful accounts should have a credit balance of A) $12,750 B) $11,000 C) $44,250 D) $41,380 Urich Co.estimates that 1.5 percent of the gross accounts receivable will become uncollectible.After adjustment at December 31, 2010, the allowance for doubtful accounts should have a credit balance of


A) $12,750
B) $11,000
C) $44,250
D) $41,380

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