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June Cleary Estimates Uncollectibles to Be $2,300

Question 105

Multiple Choice

June Cleary estimates uncollectibles to be $2,300. There is a debit balance in the allowance account of $520. The adjusting entry amount under the aging of receivable balance sheet approach is:


A) $2,300.
B) $520.
C) $2,820.
D) $1,780.

Correct Answer:

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