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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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