On 31 December 20x8, the company has an accounts receivable balance of $15,000. Allowance for...
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Accounting
On 31 December 20x8, the company has an accounts receivable balance of $15,000. Allowance for Uncollectible Accounts has a credit balance of $1,520 before the year-end adjustment. The company wrote off uncollectible receivables of $1,320 during 20x8. The required allowance at the year-end is estimated to be $2,000.
The uncollectible-account expense for the year 20x8 is:
Select one:
a.
$1,800.
b.
$13,000.
c.
$2,000.
d.
$840.
Clear my choice
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