The Amount of Uncollectible Accounts at the End of the Year

question 35

Multiple Choice

The amount of uncollectible accounts at the end of the year is estimated to be $25,000 using the aging of accounts receivable method. The balance in the Allowance of Doubtful Accounts account is an $8,000 credit before adjustment. Assuming no accounts are written off during the period, what will be the amount of bad debt expense for the period?

• A) $8,000.
• B) $17,000.
• C) $25,000.
• D) $33,000.

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Definitions:

Red-Figure Technique

An ancient Greek method of vase painting that featured red figures against a black background.

Andokides Painter

The Andokides Painter is an anonymous ancient Greek vase painter, active from approximately 530 to 515 BC, closely associated with the invention of the red-figure pottery technique.

Exekias

An ancient Greek potter and painter, renowned for his work in black-figure pottery painting during the 6th century B.C.

Caryatid

A female figure that functions as a supporting column. See also atlantid.