Allegheny Company ended Year 1 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $78,000 and $4,200, respectively. During Year 2, Allegheny wrote off $7,800 of Uncollectible Accounts. After aging its receivables, Allegheny estimates that the ending Allowance for Doubtful Accounts balance should be $6,400. What will Allegheny report as Uncollectible Accounts Expense on its Year 2 income statement? Multiple Choice $2,200 $7,800 $10,000 4

Allegheny Company ended Year 1 with balances in Accounts Receivable and Allowance for Doubfful Accounts of $78,000 and $4,200. respectively. During Year 2. Allegheny wrote off $7,800 of Uncollectible Accounts. After aging its receivables, Allegheny estimates that the ending Allowance for Doubtful Accounts balance should be $6,400. What will Allegheny report as Uncollectible Accounts Expense on its Year 2 income statement? Multiple Choice $2200 $7,800 $10,000