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

Question 143

Multiple Choice

On December 31 of the current year,Jerome Company has an accounts receivable balance of $329,000 before any year-end adjustments.The Allowance for Doubtful Accounts has a $1,100 credit balance.The company prepares the following aging schedule for accounts receivable: On December 31 of the current year,Jerome Company has an accounts receivable balance of $329,000 before any year-end adjustments.The Allowance for Doubtful Accounts has a $1,100 credit balance.The company prepares the following aging schedule for accounts receivable: What is the Allowance for Uncollectible Accounts at December 31 of the current year after adjustments? A) $1,100 B) $9,430 C) $10,530 D) $11,630 What is the Allowance for Uncollectible Accounts at December 31 of the current year after adjustments?


A) $1,100
B) $9,430
C) $10,530
D) $11,630

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