The Following Information Was Taken from the Unadjusted Trial Balance

question 31

Multiple Choice

The following information was taken from the unadjusted trial balance and aging schedule of Diane Company on December 31, 2017. All sales are on account.
Accounts and related balances at December 31, 2017 before adjustment:
$\begin{array}{lrr}& \text { Debit } & \text { Credit } \\\text { Accounts receivable } & \$ 46,000 & \\\text { Allowance for doubtful accounts } & & \$680\\\text { Sales (all on account) } & & 500,000 \\\text { Sales returns } & 3.000 &\end{array}$

Aging Schedule of Accounts Receivable:
$$\begin{array} { | l | c | c | } \hline \text { Age } & \text { Amount } & \% \text { Uncollectible } \\\hline \text { 0-30 days } & \$ 14,000 & 5 \% \\\text { 30-60 days } & 20,000 & 8 \% \\\text { Over 60 days } & 12,000 & 12 \%\end{array}$$
If Diane uses the aging schedule of accounts receivable to determine bad debts, what is the net realizable value of accounts receivable on the 2017 financial statements?

• A)$46,000
• B)$42,260
• C)$42,320
• D)$30,400

Assess the impact of different communication media richness in organizational context.

Identify trends in workplace meetings frequency.

Understand the structure and leadership dynamics of effective teams.

Know the significance of voice modulation and pitch in verbal communication.

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Definitions:

Active Monthly Users

A metric used to measure the number of unique users who interact with a digital service or platform within a month.

Hyperreality

A condition in which the distinction between the real and the artificial appears to be blurred, often due to technological advancements.

Symbolic Annihilation

The concept in media studies and social theory that underrepresentation or misrepresentation of certain groups in media contributes to inequality and social injustice.

Mass Communication

The process by which information is transmitted to a large audience, typically through the use of media technology such as television, radio, and the internet.