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The allowance for uncollectible accounts currently has a credit balance of $900. After analyzing the accounts in the accounts receivable subsidiary ledger, the company's management estimates that uncollectible accounts will be $15,000. What will be the amount of uncollectible accounts expense reported on the income statement?

A) $15,900

B) $14,900

C) $14,100

D) $15,000

E) $14,200

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M990775

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