Multiple Choice
A company performs the aging of accounts receivable calculation and arrives at an estimate for uncollectible accounts of $900.If Allowance for Uncollectible Accounts has a debit balance of $200 prior to the year-end adjustment,for how much should the adjustment be journalized?
A) $200
B) $700
C) $900
D) $1,100
Correct Answer:
Verified
Correct Answer:
Verified
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