Multiple Choice
Using the accounts receivable aging method,estimated uncollectible accounts are $50,000.If the balance of the Allowance for Uncollectible Accounts is an $18,000 debit before adjustment,what is the balance after adjustment?
A) $68,000
B) $50,000
C) $18,000
D) $32,000
Correct Answer:
Verified
Correct Answer:
Verified
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