Examlex

Solved

Table 9-11 Mark's Sales
at the Beginning of 2019, Mark's

question 76

Multiple Choice

Table 9-11 Mark's Sales
At the beginning of 2019, Mark's sales had the following ledger balances:
 Date  Accounts Receivable  Debit  Credit  Balance 24,000 Dr. \begin{array} { | c | c | c | c | c | } \hline \text { Date } & \text { Accounts Receivable } & \text { Debit } & \text { Credit } & \text { Balance } \\\hline & & & & 24,000 \text { Dr. } \\\hline & & & & \\\hline\end{array}  Date  Allowance for  Doubtful Accounts  Debit  Credit  Balance 1,000Cr\begin{array} { | c | c | c | c | c | } \hline \text { Date } & \begin{array} { c } \text { Allowance for } \\\text { Doubtful Accounts }\end{array} & \text { Debit } & \text { Credit } & \text { Balance } \\\hline & & & & 1,000 \mathrm { Cr } \text {. } \\\hline & & & & \\\hline\end{array}  Date  Bad Debts Expense  Debit  Credit  Balance \begin{array} { | l | l | l | l | l | } \hline \text { Date } & \text { Bad Debts Expense } & \text { Debit } & \text { Credit } & \text { Balance } \\\hline & & & & \\\hline & & & & \\\hline\end{array} During the year there were $450,000 of credit sales, $460,000 of collections, and $3,700
of write-offs.
-Refer to Table 9-11. At the end of the year, Mark's adjusted for uncollectible account expense using the aging method, and calculated an amount of $1,600 as their estimate of uncollectible accounts. At the end of the year, what was the balance in the uncollectible account expense?

Recognize the importance of environmental factors and community infrastructure in disease prevention.
Understand the historical development of public health initiatives and their impact on community health.
Analyze the role of government and non-governmental organizations in the advancement of public health.
Identify key figures and their contributions to public health and nursing.

Definitions:

Asthma

Condition in which bronchioles constrict and cause difficulty in breathing.

Allergies

Immune system reactions to certain foreign substances (allergens) that are typically harmless, causing symptoms like sneezing, itching, and swelling.

Smoking

The act of inhaling and exhaling the smoke of burning tobacco or other substances.

Lung Cancer

Lung cancer is a type of cancer that originates in the lungs, often associated with smoking and exposure to hazardous substances.

Related Questions