QUESTION 34

1. On July 1, 2019, Maravich had a credit balance of $52,900 in its allowance for uncollectible accounts. Based on past experience, 2% of gross accounts receivable have been uncollectible. During the year, Maravich wrote off $65,900 of accounts receivable. Gross accounts receivable at June 30, 2020 is $1,845,000. What amount should be reported as allowance for uncollectible accounts at June 30, 2020?

   	A.	$23,900.
   	B.	$49.900
   	C.	$89,800.
   	D.	$36,900.