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QUESTION 18 At December 31, Tremble Music had account balances in Accounts Receivable of $300,000 and in Allowance for Uncollectible Accounts of $1,000 (credit) before
QUESTION 18 At December 31, Tremble Music had account balances in Accounts Receivable of $300,000 and in Allowance for Uncollectible Accounts of $1,000 (credit) before any adjustments. An ana sis o Tre bles December 31 accounts receivable suggests that 5% o the account balances are not expected to be collected The balance or Alo a e tor Uncollectible Accounts after adjustment will be $1,000. O $15,000 $16,000 o $14,000
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