Using the Aging-Of-Accounts-Receivable Method to Estimate Uncollectible Receivables, Records Management

question 96

Multiple Choice

Using the aging-of-accounts-receivable method to estimate uncollectible receivables, Records Management Corp. estimates that $8,000 of its accounts receivable will be uncollectible. Prior to adjustment, the Allowance for Uncollectible Accounts has a debit balance of $2,000. Bad debt expense to be reported on the income statement is:

• A) $10,000
• B) $2,000
• C) $8,000
• D) $6,000

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Definitions:

Inhibition

When the presentation of the conditioned stimulus (CS) without the unconditioned stimulus (UCS) suppresses the conditioned response (CR).

Inappropriate Behavior

Actions that are deemed unacceptable or offensive based on societal norms and rules.

Consistently Administered

Refers to the systematic and regular application or enforcement of rules, treatments, or conditions in an experiment or learning environment.

Active Avoidance

A behavioral response in which an organism engages in an action to prevent or avoid an unpleasant stimulus.