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On December 31, 2003 Nomad Company has a $150,000 debit balance in Accounts Receivable. The Allowance for Uncollectible Accounts has a $2,100 debit balance. Sales

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On December 31, 2003 Nomad Company has a $150,000 debit balance in Accounts Receivable. The Allowance for Uncollectible Accounts has a $2,100 debit balance. Sales total $800,000. From aging its accounts receivables, Nomad estimates that $14,000 of its accounts receivable may be uncollectible. The Uncollectible Account Expense would be: $16,100 O None of the above $11,9000 $14,000 $16,000

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