Business, 01.08.2019 18:40, morbidodyssey

Gross accounts receivable is $10,000. allowance for doubtful accounts has a credit balance of $200. net sales for the year are $150,000. in the past, 2% of sales had proved uncollectible. what would be the adjusted balance of the allowance account under the income statement approach? $2,800 $1,400 $3,000 $3,200 which type of account is an allowance for doubtful accounts? question 10 options: asset contra-asset contra-revenue revenue fit city estimates it will collect $2,300 of the $2,425 owed by customers. the difference of $125 represents the question 13 options: gross accounts receivable. value of the current unpaid receivables. allowance for doubtful accounts. net realizable value. the beginning merchandise inventory account appears in the on the worksheet. question 15 options: adjustment column all of the above trial balance and the balance sheet columns trial balance and adjustment columns

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Gross accounts receivable is $10,000. allowance for doubtful accounts has a credit balance of $200....