If allowance for uncollectible accounts has a debit balance


Question - A company performs the aging of accounts receivable calculation and arrives at an estimate for uncollectible accounts of $900. If Allowance for Uncollectible Accounts has a debit balance of $200 prior to the year-end adjustment, for how much should the adjustment be journalized?

$200

$700

$900

$1,100

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Accounting Basics: If allowance for uncollectible accounts has a debit balance
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