At the beginning of the year, Mitchum Enterprises allows for estimated uncollectible accounts of $15,000. By the

Question:

At the beginning of the year, Mitchum Enterprises allows for estimated uncollectible accounts of $15,000. By the end of the year, actual bad debts total $17,000. Record the write-off to uncollectible accounts. Following the write-off, what is the balance of Allowance for Uncollectible Accounts?