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On the Balance Sheet, the Amount Shown for the Allowance

Question 50

Multiple Choice

On the balance sheet, the amount shown for the Allowance for Doubtful Accounts is equal to the


A) Uncollectible accounts expense for the year
B) total of the accounts receivables written-off during the year
C) total estimated uncollectible accounts as of the end of the year
D) sum of all accounts that are past due.

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