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Uncollectible accounts are determined by the percent-of-sales method to be 2% of credit sales. How much is uncollectible-account expense for 2018? OA. $700 OB.
Uncollectible accounts are determined by the percent-of-sales method to be 2% of credit sales. How much is uncollectible-account expense for 2018? OA. $700 OB. $1,000 OC. $180 OD. $880 Click to select your answer. Data Table Accounts receivable 12/31/18 9,000 Allowance for uncollectible-accounts credit balance 12/31/18 (before adjustment).. 1,000 Credit service revenue during 2018 35.000 Cash service revenue during 2018.. 9.000 Collections from customers on account during 2018 50,000 Print Done
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