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We Sell, Inc. utilizes the allowance method to account or uncollectible accounts receivable. At 01/01/20x1 We Sell, Inc. had an Account Receivable balance of $150,000

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We Sell, Inc. utilizes the allowance method to account or uncollectible accounts receivable. At 01/01/20x1 We Sell, Inc. had an Account Receivable balance of $150,000 and an Allowance for Uncollectible balance of $50.000. During 20x1 We Sell, Inc. wrote off $10,000 of its Accounts Receivable as uncollectible amounts. As a result of the write-off: We Sell, Inc's Net Accounts Receivable will increase by $10,000 We Sell, Inc. will have a $10,000 debit to Uncollectible Receivable Expense during 20x1, O We Sell, Inc.'s Net Accounts Receivable will decrease by $10.000 O We Sell Inc's Net Accounts Receivable will remain unchanged

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