The Allowance for Uncollectible Accounts Currently Has a Credit Balance

question 9

Multiple Choice

The Allowance for uncollectible accounts currently has a credit balance of $900.After analyzing the accounts in the accounts receivable subsidiary ledger using the aging method,the company's management estimates that uncollectible accounts will be $15,000.
-What will be the balance of the Allowance for uncollectible accounts reported on the balance sheet?

• A) $15,000
• B) $14,900
• C) $15,900
• D) $14,100

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