At December 31, KC Co reported accounts receivable of $56,000 and an allowance for uncollectible accounts...

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At December 31, KC Co reported accounts receivable of $56,000 and an allowance for uncollectible accounts of $300 (credit). An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 8% of accounts receivable. 12. $ Estimate the amount of uncollectible receivables: 13. $ When recording the adjusting entry for bad debt expense how much should Allowance for Uncollectible accounts be credited? 14. On January 10, a customer's account balance of $800 is written off as uncollectible. Record the write-off. 15. $ _If Net Accounts receivable were $50,000 before the write-off, how much are Net Accounts receivable AFTER the write-off? At December 31, KC Co reported accounts receivable of $56,000 and an allowance for uncollectible accounts of $300 (credit). An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 8% of accounts receivable. 12. $ Estimate the amount of uncollectible receivables: 13. $ When recording the adjusting entry for bad debt expense how much should Allowance for Uncollectible accounts be credited? 14. On January 10, a customer's account balance of $800 is written off as uncollectible. Record the write-off. 15. $ _If Net Accounts receivable were $50,000 before the write-off, how much are Net Accounts receivable AFTER the write-off?

Answer rating: 100% (QA)

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