As Perry Materials Supply was preparing for the year-end close, their balances were as follows:
Perry Materials uses the aging method and has completed the following analysis of the accounts receivable:
What will the final balance in the Allowance account be, after adjusting for uncollectible account expense?
A) $2,550
B) $11,285.
C) $5,085
D) $11,285
Correct Answer:
Verified
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