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19 The Miller Company earned $135,000 of revenue on account during Year 2 There was no beginning balance in the accounts receivable and allowance accounts.

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19 The Miller Company earned $135,000 of revenue on account during Year 2 There was no beginning balance in the accounts receivable and allowance accounts. During Year 2. Miller collected $88,000 of cash from its receivables accounts. The company estimates that it will be unable to collect 3% of its sales on account. The amount of uncollectible accounts expense recognized on the Year 2 income statement was (8 12:17 Multiple Choice O $4,050 O $1.410.

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