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:

Network Administrators

Professionals responsible for managing, maintaining, and troubleshooting computer networks within an organization to ensure optimal performance.

Security Engineers

Specialists who work on developing and maintaining systems to ensure the confidentiality, integrity, and availability of information and infrastructure.

IT Managers

Professionals responsible for overseeing and managing information technology projects and resources within an organization.

Data Transfer Rate

The speed at which data is transmitted from one device to another, measured in bits per second (bps), impacting the efficiency of data communication over networks.