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Daniel Company had the following information in 2014. 8,000 950 40,000 16,000 40,000 Allowance for uncollectible accounts 12/31/14 (before adjustment) . . Cash sales during
Daniel Company had the following information in 2014. 8,000 950 40,000 16,000 40,000 Allowance for uncollectible accounts 12/31/14 (before adjustment) . . Cash sales during 2014 Collections from customers on account during 2014 Uncollectible-account expense for 2014 is $1,600. What is the adjusted balance in the Allowance account at year-end for 2014? O A. $2,550 B. $650 OC. $1,500 O D. $950
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