Business, 21.04.2020 17:51 Brittany0512

Assume that it is now November 30th, your client has an Accounts Receivable balance of $4,500 and an Allowance for Uncollectible Accounts balance of $75 (assume the normal balance for both accounts). November Sales totaled $15,000. The estimate for the uncollectible amount is based on November Sales, and the estimate is $450. What would be the allowance transaction AMOUNT?

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Assume that it is now November 30th, your client has an Accounts Receivable balance of $4,500 and an...