On January 1, 2023, Canada Company had allowance foruncollectible accounts amounting to P15,000. During the year,accounts of P5,000 were written-off, while P2,500 previouslywritten-off accounts wer \\begin{tabular}{|l|r|r|} \\hline \\multicolumn{1}{|c|}{ Age } & \\multicolumn{1}{|c|}{ Balance } & Probability of Collection \\\\ \\hline \\( 0-30 \\) days & \\( 1,850,000 \\) & .99 \\\\ \\hline \\( 2 answers