Question: Help Using the allowance method, the entry to record a write-off of accounts receivable will include Kidz Incorporated reports the following aging schedule of its

 Help Using the allowance method, the entry to record a write-off
of accounts receivable will include Kidz Incorporated reports the following aging schedule

Help Using the allowance method, the entry to record a write-off of accounts receivable will include Kidz Incorporated reports the following aging schedule of its accounts receivable with the estimated percent uncollectible. Estimated Amount Percent Age Group Receivable Uncollectible 0-60 days $20,000 28 61-90 days 6,000 158 More than 90 days past due 2,000 508 Total $ 28,000 At what amount would Allowance for Uncollectible Accounts be reported in the current year's balance sheet

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