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The Following Accounts Were Included on Mali Co

Question 51

Multiple Choice

The following accounts were included on Mali Co.'s unadjusted trial balance at December 31, 2017: The following accounts were included on Mali Co.'s unadjusted trial balance at December 31, 2017: Mali estimates that 1.5 % of the gross accounts receivable will become uncollectible.After the proper adjustment at December 31, 201, the allowance for doubtful accounts should have a credit balance of A) $23,750. B) $12,750. C) $11,000. D) $ 1,750. Mali estimates that 1.5 % of the gross accounts receivable will become uncollectible.After the proper adjustment at December 31, 201, the allowance for doubtful accounts should have a credit balance of


A) $23,750.
B) $12,750.
C) $11,000.
D) $ 1,750.

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