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13 1 pts At December 31, JOE had account balances in Accounts Receivable of $300,000 and in Allowance for Uncollectible Accounts of $1,000 (debit) before
13 1 pts At December 31, JOE had account balances in Accounts Receivable of $300,000 and in Allowance for Uncollectible Accounts of $1,000 (debit) before adjustment. An analysis of JOE's December 31 accounts receivable suggests that 5% of the account balances are not expected to be collected. Using the percent of receivables method, determine what the ending balance in the Allowance for Uncollectible accounts should be $1.000 $16.000 $14,000 O $15,000
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