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14 June, 17:08

During 2021, Jacobsen wrote off $19,700 in receivables and recovered $7,700 that had been written off in prior years. Jacobsen's December 31, 2020, allowance for uncollectible accounts was $48,500. Using the balance sheet approach, what amount of allowance for uncollectible accounts should Jacobsen report at December 31, 2021?

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  1. 14 June, 20:40
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    Using the balance sheet approach, what amount of allowance for uncollectible accounts should Jacobsen report at December 31, 2021?

    $36500

    Explanation:

    Wrotte Off 19700

    recover 7700

    Allowance for uncollectible 48500

    Allowance for uncollectible report 36500
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