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Jones Consulting Estimates Uncollectibles to Be $820

Question 102

Multiple Choice

Jones Consulting estimates uncollectibles to be $820. There is a credit balance in the allowance account of $390. The adjusting entry amount under the aging of receivable balance sheet approach is:


A) $390.
B) $820.
C) $430.
D) $1,210.

Correct Answer:

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