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TB MC Qu. 07.57 (Static) At the beginning of Year 3 Omega Company... Hieno tome Company 360.000 counts receitaccount and a $1.000 ancelowance to doubt

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TB MC Qu. 07.57 (Static) At the beginning of Year 3 Omega Company... Hieno tome Company 360.000 counts receitaccount and a $1.000 ancelowance to doubt accounts Durg Omenced the following Conegudes $200.000 even account C20000 cashion.com W 2.000 arabescolte Omegas collectable to be receres Bated in the heat and account on Year income statement O $1,920. $2,080. $1,000 $920 TB MC Qu. 07-57 (Static) At the beginning of Year 3 Omega Company.. At the beginning of Year 3 Omega Company had a $60,000 balance in its accounts receiva events (1) Omega earned $200,000 of revenue on account (2) Collected $210,000 cash from accounts receivable (3) Wrote-off $2,000 of accounts receivable as uncollectible Omega estimates uncollectible accounts to be 4% of receivables Based on this information, . o Company... ccounts receivable account and a $3,000 balance in allowance for doubtful accounts. During Year 3. Omega experienced the following this information, the amount of uncollectible accounts expense shown on the Year 3 income statement is TB MC Qu. 07-57 (Static) At the beginning of Year 3 Omega Company... At the beginning of Year 3 Omega Company had a $60,000 balance in its accounts receivable acca events 1:44:04 (1) Omega earned $200,000 of revenue on account (2) Collected $210,000 cash from accounts receivable (3) Wrote-off $2,000 of accounts receivable as uncollectible ook Omega estimates uncollectible accounts to be 4% of receivables. Based on this information, the am rint Multiple Choice rences $1,920 $2,080 $1,000 $920 beginning of Year 3 Omega Company... pany had a $60.000 balance in its accounts receivable account and a $3,000 balance in allowance for doubtful accounts. During Year 3, Omega e e on account unts receivable able as uncollectible sto be 4% of receivables Based on this information, the amount of uncollectible accounts expense shown on the Year 3 income statement is wance for doubtful accounts. During Year 3, Omega experienced the following xpense shown on the Year 3 income statement is

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