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Tomm Tomm
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6 years ago
Using the percentage-of-sales method, you estimate that total uncollectible accounts are $4,500. The Allowance for Uncollectible Accounts prior to adjustment has a credit balance of $1,400. The amount of the adjusting entry is:
A) $5,900
B) $4,500
C) $3,100
D) $1,400
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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ACC 925
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TheSinTheSin
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6 years ago
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Tomm Author
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6 years ago
Smart ... Thanks!
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Thanks
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