A Year-End Review of Accounts Receivable and Estimated Uncollectible Percentages

question 107

Multiple Choice

A year-end review of Accounts Receivable and estimated uncollectible percentages revealed the following: Before the year-end adjustment, the credit balance in Allowance for Uncollectible Accounts was $900. Under the aging-of-receivables method, the balance in the Allowance for Uncollectible Accounts will be ________ after the adjusting entry is made.

• A)$380
• B)$8180
• C)$9080
• D)$9980

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