What is the ending balance in allowance for uncollectible

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Problem 1: The beginning balance in the Allowance for Uncollectible Accounts account is a $3,500 credit. After conducting an aging analysis, management has determined that $4,700 of accounts receivable will be uncollectible. What is the ending balance in the Allowance for Uncollectible Accounts account?

Option 1: $3,500

Option 2: $4,700

Option 3: $1,200

Option 4: $8,200

Reference no: EM132933202

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