9 1 pts Which statement is FALSE O The net amount of accounts receivable is the full amount owed by customers Customers accounts receivable we no longer expect to collect are referred to as uncollectible accounts for bad debts The Allowance for Uncollectible Accounts is a contra asset account representing the amount of accoubs receivable that we do not expect to collect Bad debt expense represents the cost of the estimated uncollectible accounts and is reported as an expense on the income statement