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.

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Definitions:

Signatories

Parties that have signed an agreement, particularly in the context of treaties or contracts, signifying their agreement to the terms.

Significant Deterioration

A regulatory term referring to any substantial change that leads to a noticeable decrease in air quality beyond predefined limits.

Air Pollution

The presence of harmful or excessive quantities of substances, including gases, particulates, and biological molecules in the Earth's atmosphere, potentially causing health problems for living organisms and damage to the environment.

Best Control Technology

Environmental policy term referring to the most effective technology available for controlling emissions or discharges of pollutants.