Business
Business, 31.03.2020 00:54, lalaokawami0912

During 2021, Jacobsen wrote off $19,300 in receivables and recovered $7,300 that had been written off in prior years. Jacobsen's December 31, 2020, allowance for uncollectible accounts was $46,500. Using the balance sheet approach, what amount of allowance for uncollectible accounts should Jacobsen report at December 31, 2021?

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During 2021, Jacobsen wrote off $19,300 in receivables and recovered $7,300 that had been written of...

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