Profile Corporation
the Following Data Concern Profile Corporation for 2012

question 13

Multiple Choice

Profile Corporation
The following data concern Profile Corporation for 2012.
Accounts receivable --january 1, 2012 $\quad\quad$ $\$250,000$
Credit sales during 2012 $\quad\quad$ $1,000,0000$
Collections from credit customers during 2012 $\quad\quad$ 750,000
Allowance far bad debts-jaruary 1,2012 $\quad\quad$ 20,000
Eitimated uncollected accounts based on an aging aralysis $\quad\quad$ 45,000
-Refer to the data provided for Profile Corporation. If the aging approach is used to estimate bad debts, find the balance in the Allowance for Bad Debts after the bad debt expense adjustment for 2012.

• A) $20,000
• B) $15,000
• C) $25,000
• D) $45,000

---

Definitions:

Conflicts

Disagreements or disputes between individuals or groups due to differing needs, beliefs, or interests.

Group Development

The process through which a team evolves over time, typically moving through stages such as forming, storming, norming, performing, and adjourning.

Group's Composition

The makeup or structure of a group, including the number and characteristics of its members.

Group Development

The stages that groups typically go through from their formation to their dissolution, including forming, storming, norming, performing, and adjourning.