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A company has the following balances on December 31, 2015, before any year - end adjustments: Accounts Receivable = $80,000; Allowance for Uncollectible Accounts =
A company has the following balances on December 31, 2015, before any year - end adjustments: Accounts Receivable = $80,000; Allowance for Uncollectible Accounts = $1, 100 (credit). The company estimates uncollectible accounts based on an aging of accounts receivable as shown below: Record the adjustment for uncollectible accounts on December 31, 2015
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