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X QC5-7 (similar to) Question Help Anderson Company had the following information in 2014. 10.000 Accounts receivable 12/31/14 Allowance for uncollectible account 12/31/14 (before adjustment)
X QC5-7 (similar to) Question Help Anderson Company had the following information in 2014. 10.000 Accounts receivable 12/31/14 Allowance for uncollectible account 12/31/14 (before adjustment) 800 Credit sales during 2014 37.000 Cash sales during 2014 13.000 Collections from customers on account during 2014 49,000 f-receivables method to be $1,140 If uncollectible accounts determined b uncollectible-account expense for 2014 would be $340. The balance of the Allowance account after the adjusting entry would be S1,140. The net realizable value of accounts receivable on the December 31, 2014 balance sheet would be OA. $8.060 O B. $11,140. O C. $8,860 O D. $10,000
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