Business, 21.04.2020 04:15 dimpleschris101

At December 31, Tremble Music had account balances in Accounts Receivable of $400,000 and in Allowance for Uncollectible Accounts of $1,000 (credit balance) before any adjustments. An analysis of Tremble's December 31 accounts receivable suggests that 4% of the account balances are not expected to be collected. The balance of Allowance for Uncollectible Accounts after adjustment will be:.
A. $1,000.
B. $16,000.
C. $14,000.
D. $15,000.

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At December 31, Tremble Music had account balances in Accounts Receivable of $400,000 and in Allowan...

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