What is the value of the digit 5 in this number? 60.35 A.0.5 B.0.05 C.5.0 D.5.00
1 answer:
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Answer:
$226,300
Step-by-step explanation:
Given Allowance for Doubtful Accounts is estimated as $205,000 and Allowance for Doubtful Accounts has a debit balance of $21,300
#The amount of the adjusting entry for uncollectible accounts is calculated as below:
Hence, the amount of the adjusting entry for uncollectible accounts is $226,300