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

question 93

Multiple Choice

An aging-of-accounts-receivable indicates that the amount of uncollectible accounts is $3,410. 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) $2,910
• B) $3,910
• C) $3,410
• D) $500

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Definitions:

Generalize

The act of drawing broad conclusions from specific instances.

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Pertaining to a perspective that emphasizes the value and agency of human beings, individually and collectively.

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A professional who studies how evolutionary principles influence human behaviors and mental processes.

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A psychological approach focusing on observable behaviors and their conditioning rather than internal processes.