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Business, 07.04.2020 16:39 EmiSiddiqi4037

The amount of uncollectible accounts at the end of the year is estimated to be $35,000, using the aging of accounts receivable method. The balance in the Allowance of Doubtful Accounts account is an $12,000 credit before adjustment. What is the adjusted balance of the Allowance for Doubtful Accounts at the end of the year? Multiple Choice $12,000. $35,000. $47,000. $23,000.

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