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A Year-End Review of Accounts Receivable and Estimated Uncollectible Percentages

Question 138

Multiple Choice

A year-end review of Accounts Receivable and estimated uncollectible percentages revealed the following: A year-end review of Accounts Receivable and estimated uncollectible percentages revealed the following: The credit balance in Allowance for Uncollectible Accounts was $1,000. Under the aging-of-receivables method, the uncollectible-account expense for the year is: A) $1,500. B) $4,100. C) $5,300. D) $6,300. The credit balance in Allowance for Uncollectible Accounts was $1,000. Under the aging-of-receivables method, the uncollectible-account expense for the year is:


A) $1,500.
B) $4,100.
C) $5,300.
D) $6,300.

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