Question: Question 10 Some information is extraneous. 1.5% can also be expressed as .015 Review.] On December 31, 2018, Acme Yard Service had an ending balance

 Question 10 Some information is extraneous. 1.5% can also be expressed

Question 10 Some information is extraneous. 1.5% can also be expressed as .015 Review.] On December 31, 2018, Acme Yard Service had an ending balance in its Accounts receivable" of $140,000. Acme's "Sales" for 2018 were $200,000. Prior to any year-end adjustmen the unadjusted balance in Acme's "Allowance for doubtful accounts" was $2,000 (credit balance). Acme uses the percent of receivables method and estimates that 1.5% of receivables will prove uncollectible. What is the required ending balance in Acme's "Allowance for doubtful accounts" for the year ending December 31, 2018? $4,000 o $4,100 O $100 o $2.100 Question 11 0.5 pts f8

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