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accounts recievable - 100,000

At the end of 2015, Murray State Lenders had a balance in its accounts eceivables of $100,0000 and Allowance for Uncollectible Accounts of $4,500 debit) before any adjustment. The company estimated that 12% of accounts eceivables is uncollectible. Murray State's adjustment on December 31, 2015 o record its estimated uncollectible accounts included a: O Credit to Allowance for Uncollectible Accounts of $12,000. Debit to Bad Debt Expense of $16,500. Credit to Allowance for Uncollectible Accounts of $7,500. Debit to Bad Debt Expense of $7,500; credit to Allowance for Uncollectible Accounts of $7,500. kSave and Submit to save and submit. Click Save All Answers to save all answers