Solution-Amount of uncollectible accounts expense

Amount of uncollectible accounts expense

Reference no: EM131074033

At the end of the fiscal year, before the accounts are adjusted, Accounts Receivable has a balance of $200,000 and Allowance for Doubtful Accounts has a credit balance of $2,500. If the estimate of uncollectible accounts determined by aging the receivables is $8,500, the amount of uncollectible accounts expense is:

A. $2,500

B. $11,000

C. $6,000

D. $8,500

Reference no: EM131074033

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Amount of uncollectible accounts expense

Reference no: EM131074033

Reference no: EM131074033

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