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At December 31, G Co. reported accounts receivable of $288,000 and an allowance for uncollectible accounts of $1.350 (credit before any auments An analysis
At December 31, G Co. reported accounts receivable of $288,000 and an allowance for uncollectible accounts of $1.350 (credit before any auments An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 5% of accounts recevable. The amount of the adjustment fo uncollectible accounts would be Multiple Choice $14.400 $13.050 $11,560 O $1.350
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