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answer with explanation, thanks 08. At December 31,2015 , the accounts receivable balance of Carrie Corporation is $200,000. Carries expects 1% of the outstanding accounts
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08. At December 31,2015 , the accounts receivable balance of Carrie Corporation is $200,000. Carries expects 1% of the outstanding accounts receivable to be uncollectible. Prior to adjustment, allowance for uncollectible accounts has a credit balance of $200. The expense reported on the income statement as uncollectible account expense of 2015 is: Select one: a. $2,000 b. $1,800 c. $2,200 d. $200Step by Step Solution
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