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The balance of the Allowance for Uncollectible Accounts is a $32,000 credit before adjustment. Using...

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Accounting

The balance of the Allowance for Uncollectible Accounts is a $32,000 credit before adjustment. Using the accounts receivable aging method, Accounts Receivable are $400,000 and estimated uncollectible accounts are $50,000. What is the allowance account balance after adjustments?

Select one:

a. $68,000

b. $50,000

c. $18,000

d. $32,000

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