Use This Information to Answer the Following Question

question 90

Multiple Choice

Use this information to answer the following question.
The general ledger account for Accounts Receivable shows a debit balance of $100,000.Allowance for Uncollectible Accounts has a credit balance of $2,000.Net sales for the year were $930,000.In the past,2 percent of sales have proved uncollectible,and an aging of accounts receivable accounts results in an estimate of $27,000 of uncollectible accounts.
Using the percentage of net sales method,the Allowance for Uncollectible Accounts balance (after adjustment) would be

• A)$16,600.
• B)$18,600.
• C)$20,600.
• D)$2,000.

Recognize the concepts of conscious, preconscious, and unconscious levels of the mind.

Identify the role of libido as a driving force in personality according to Freud.

Explain the mechanisms of defense and their role in human behavior.

Grasp Freud's viewpoint on the stages of psychosexual development and their impact on personality.

---

Definitions:

Sampling Distribution

A statistical probability distribution derived from a high volume of samples taken from a particular population.

Unbiased Estimator

A statistical estimator that, on average, equals the parameter being estimated.

Population Parameter

A population parameter is a numerical value that characterizes a certain aspect of a population, such as its mean or variance.

Expected Value

The long-term average value of a random variable, representing its mean outcome over an infinite number of trials.