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An Aging-Of-Accounts-Receivable Indicates That the Amount of Uncollectible Accounts Is

Question 151

Multiple Choice

An aging-of-accounts-receivable indicates that the amount of uncollectible accounts is $3,210. The Allowance for Uncollectible Accounts prior to adjustment has a credit balance of $2,000. The amount of the adjusting entry should be for:


A) $1,210.
B) $2,000.
C) $3,210.
D) $5,210.

Correct Answer:

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