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?1 S The folowing accounts were abstracted from CCB Co.'s unadjusted trial balance at December 31, 2015: Debit 750,000 Credit Accounts receivable Allowance for uncollectible
?1 S The folowing accounts were abstracted from CCB Co.'s unadjusted trial balance at December 31, 2015: Debit 750,000 Credit Accounts receivable Allowance for uncollectible accounts C8,000 3,000,000 Net credit sales CCB estimates that 2% of the accounts receivable will become uncollectible. After adjustmen at December 31, 2015, the allowance for uncollectible accounts should have a credit balanc of A. 60,000. ?. ?52,000. C. 23,0oo. D. 15,000
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