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A Year-End Review of Accounts Receivable and Estimated Uncollectible Percentages

question 94

Multiple Choice

A year-end review of Accounts Receivable and estimated uncollectible percentages revealed the following: A year-end review of Accounts Receivable and estimated uncollectible percentages revealed the following:   At the end of the year,the credit balance in Allowance for Uncollectible Accounts was $1,000.Under the aging-of-receivables method,the Uncollectible-Account Expense at year-end is: A) $1,200. B) $6,300. C) $7,300. D) $8,300. At the end of the year,the credit balance in Allowance for Uncollectible Accounts was $1,000.Under the aging-of-receivables method,the Uncollectible-Account Expense at year-end is:


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