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On January 1, Year 2, the Accounts Receivable balance was $26,500 and the balance in the Allowance for Doubtful Accounts was $2,900. On January 15.
On January 1, Year 2, the Accounts Receivable balance was $26,500 and the balance in the Allowance for Doubtful Accounts was $2,900. On January 15. Year 2, an $850 uncollectible account was written-off. The net realizable value of accounts receivable immediately after the write-off is: o . o $22,750. o 325650. o On January 1, Year 2, Grande Company had a $67,600 balance in the Accounts Receivable account and a $2,200 balance in the Allowance for Doubtful Accounts account. During Year 2. Grande provided $173,000 of service on account. The company collected $197.900 cash from accounts receivable Uncolectible accounts are estimated to be 18 of sales on account. The amount of uncollectible accounts expense recognized on the Year 2 income statement is: Multiple Choice o 676, o O s1.soo o O s979, o
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