Homework Answers
1.In allowance method the entry to record a write off of account receivable will include A Debit to Allowance for Uncollectible Account.
2. Allowance for Uncollectible Account = $2,300
Explanation;
$20,000 × 2% = $400 $6,000 × 15% = $900 $2,000 × 50%= $1,000 Total = $2,300
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