An Aging-Of-Accounts-Receivable Indicates That the Amount of Uncollectible Accounts Is

question 78

Multiple Choice

An aging-of-accounts-receivable indicates that the amount of uncollectible accounts is $3410. The Allowance for Uncollectible Accounts prior to adjustment has a credit balance of $500. The Accounts Receivable balance is $44,820. The amount of the adjusting entry for uncollectible accounts should be for:

• A)$500.
• B)$2910.
• C)$3910.
• D)$3410.

---

Definitions:

Economic Devastation

A situation in which a significant event, such as a natural disaster or financial crisis, severely disrupts and damages an economy.

Discrimination

The unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.

Paris Peace Conference

The gathering of Allied Nations after World War I, in 1919, to set the peace terms for the defeated Central Powers and to reshape the map of Europe and the world.

Colonized Peoples

Groups or populations that have experienced control or occupation by a foreign power, often facing cultural, economic, and political suppression.