Using the Allowance Method the Uncollectible Accounts for the Year

question 121

Multiple Choice

Using the allowance method the uncollectible accounts for the year are estimated to be $50000.If the balance for the Allowance for Doubtful Accounts is $9000 before adjustment what is the balance after adjustment?

• A)$9000
• B)$41000
• C)$50000
• D)$59000

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