Allowance for Doubtful Accounts Has a Debit Balance of $1,100

question 36

Multiple Choice

Allowance for Doubtful Accounts has a debit balance of $1,100 at the end of the year (before adjustment) , and an analysis of customers' accounts indicates uncollectible receivables of $12,900. Which of the following entries records the proper adjustment for bad debt expense?

• A) debit Bad Debt Expense, $14,000; credit Allowance for Doubtful Accounts, $14,000
• B) debit Allowance for Doubtful Accounts, $14,000; credit Bad Debt Expense, $14,000
• C) debit Allowance for Doubtful Accounts, $11,800; credit Bad Debt Expense, $11,800
• D) debit Bad Debt Expense, $11,800; credit Allowance for Doubtful Accounts, $11,800

Computing and understanding relative frequencies.

Comprehending the process and purpose of constructing frequency distributions.

Identifying appropriate graphical representations for different types of data.

Recognize the differences and relationships between population and sample.

---

Definitions:

Biochemistry

The branch of science concerned with the chemical processes and substances that occur within living organisms.

DNA

Deoxyribonucleic acid, a molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms and many viruses.

ATP

Adenosine triphosphate, a molecule that carries energy within cells, facilitating various cellular functions.

Enzymes

Biological molecules that act as catalysts to speed up chemical reactions in the body, essential for numerous metabolic processes.