Uncollectible accounts reported on the balance, Accounting Basics

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Uncollectible accounts reported on the balance

The Allowance for uncollectible accounts currently has a debit balance of $900. After analyzing the accounts in the accounts receivable subsidiary ledger, the company's management estimates that uncollectible accounts will be $15,000. What will be the balance of the Allowance for uncollectible accounts reported on the balance sheet?

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Accounting Basics: Uncollectible accounts reported on the balance

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Accounting Basics: Uncollectible accounts reported on the balance

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