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Business, 20.10.2021 19:20 woodpeckerdeejpe8wvh

rue co.’s allowance for uncollectible accounts had a credit balance of $12,000 at december 31, year 1. during year 2, rue wrote off uncollectible accounts of $48,000. the aging of accounts receivable indicated that a $50,000 allowance for uncollectible accounts was required at december 31, year 2. what amount of uncollectible accounts expense should rue report for year 2?

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rue co.’s allowance for uncollectible accounts had a credit balance of $12,000 at december 31, year...
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