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 amount of allowance for uncollectible accounts reported on the balance sheet?
A) $14,100
B) $15,000
C) $14,900
D) $15,900

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The Answer of 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 amount of allowance for uncollectible accounts reported on the balance sheet?
A) $14,100
B) $15,000
C) $14,900
D) $15,900

The Allowance for Uncollectible Accounts Currently Has a Debit Balance