Business, 07.10.2019 16:30 smart57

At december 31, year 1, gasp co.'s allowance for uncollectible accounts had a credit balance of $30,000. during year 2, gasp wrote off uncollectible accounts of $45,000. at december 31, year 2, an aging of the accounts receivable indicated that $50,000 of the december 31, year 2, receivables may be uncollectible. what amount of allowance for uncollectible accounts should gasp report in its december 31, year 2, balance sheet?
a. $20,000b. $25,000c. $35,000d. $50,000

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