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An aging-of-accounts-receivable method indicates that amount of uncollectible accounts is $7,200.The Allowance for Uncollectible Accounts prior to adjustment has a debit balance of $2,000. The amount of the adjusting entry for uncollectible accounts expense should be:
Binet
A reference to Alfred Binet, a French psychologist who, along with his colleague Théodore Simon, developed the first intelligence test in the early 20th century.
Stanford
A prestigious university located in California, known for its cutting-edge research, especially in technology and medicine.
Galton
Refers to Sir Francis Galton, a 19th-century British polymath known for his contributions to fields such as statistics, psychology, and anthropology.
Academic Performance
The extent to which a student, teacher, or institution has achieved their short or long-term educational goals.
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