The Current Credit Balance in Allowance for Doubtful Accounts Before

question 96

Multiple Choice

The current credit balance in allowance for doubtful accounts before adjustment is $658. An aging schedule reveals $3,500 of uncollectible accounts. The journal entry for estimated uncollectible accounts should be prepared for:

• A)$658.
• B)$3,500.
• C)$4,158.
• D)$2,842.