Question: Help SOVO & EX Submit The following aging information pertains to Jacobsen Co's accounts receivable at December 31, 2021: Days Outstanding 0-30 31-60 61-120 Over
Help SOVO & EX Submit The following aging information pertains to Jacobsen Co's accounts receivable at December 31, 2021: Days Outstanding 0-30 31-60 61-120 Over 120 Amount $432,000 152,000 112,000 132,000 Estimated Uncollectible 28 58 105 205 During 2021, Jacobsen wrote off $19.200 in receivables and recovered $2.200 that had been written off in prior years. Jacobsen's December 31, 2020, allowance for uncollectible accounts was $46,000. Using the balance sheet approach, what amount of allowance for uncollectible accounts should Jacobsen report at December 31, 2021 Multiple Choice $34,640 561,040 $30,400
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