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On December 31 of the Current Year,James Company Has an Accounts

Question 103

Multiple Choice

On December 31 of the current year,James Company has an accounts receivable balance of $319,000 before any year-end adjustments.The Allowance for Doubtful Accounts has a $1,400 credit balance.The company prepares the following aging schedule for accounts receivable: On December 31 of the current year,James Company has an accounts receivable balance of $319,000 before any year-end adjustments.The Allowance for Doubtful Accounts has a $1,400 credit balance.The company prepares the following aging schedule for accounts receivable:   What is the Uncollectible-Account Expense at December 31 of the current year after adjustments? A) $1,580 B) $9,050 C) $10,450 D) $11,850 What is the Uncollectible-Account Expense at December 31 of the current year after adjustments?


A) $1,580
B) $9,050
C) $10,450
D) $11,850

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