Question: Refer to the information in BE5 6 but now assume that
Refer to the information in BE5–6, but now assume that the balance of Allowance for Uncollectible Accounts before adjustment is $3,000 (debit). The company still estimates future uncollectible accounts to be $15,000. What is the adjustment Dahir would record for Allowance for Uncollectible Accounts? Does the amount of the adjustment differ from BE5–6? If so, why?
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