A company performs the aging of accounts receivable calculation and arrives at an estimate for uncollectible accounts of $900. If Allowance for Uncollectible Accounts has a debit balance of $200 prior to the year-end adjustment, for how much should the adjustment be journalized?
A) $200
B) $700
C) $900
D) $1,100
D
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What will be an ideal response?
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