Allowance for Doubtful Accounts Has a Credit Balance of $900

question 15

Multiple Choice

Allowance for doubtful accounts has a credit balance of $900 at the end of the current year (prior to adjustment) . An analysis of the aged accounts in the customers' ledger indicates uncollectible accounts of $16,000. The adjusting entry would require a debit to:

• A)bad-debt expense for $15,100.
• B)bad-debt expense for $16,900.
• C)allowance for doubtful accounts for $15,100.
• D)allowance for doubtful accounts for $16,900.

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Definitions:

Vegetal Hemisphere

In biology, the lower half of an egg or embryo where the yolk and nutritive tissues are concentrated, opposite to the animal hemisphere.

Animal Hemisphere

The upper half of an egg (in many animals) where most of the cytoplasm is located, opposite the vegetal hemisphere.

Blastula

The blastula is an early stage of embryonic development in animals, characterized by a hollow sphere of cells following the morula stage.

Cytoplasm

The jelly-like material within a cell, excluding the nucleus, containing organelles and involved in cellular processes.