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At December 31, ABC had account balances in Accounts Receivable of $380,000 and in Allowance for Uncollectible Accounts of $1,150 (debit) before any adjustments. An

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At December 31, ABC had account balances in Accounts Receivable of $380,000 and in Allowance for Uncollectible Accounts of $1,150 (debit) before any adjustments. An analysis of ABC's December 31 accounts receivable suggests that the allowance for uncollectible accounts should be 6% of accounts receivable Bad debt expense for the year should be: Multiple Choice O $150 O $23,950 $21,650 O O $24,651

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