Using the Accounts Receivable Aging Method,estimated Uncollectible Accounts Are $50,000

question 183

Multiple Choice

Using the accounts receivable aging method,estimated uncollectible accounts are $50,000.If the balance of the Allowance for Uncollectible Accounts is an $18,000 debit before adjustment,what is the balance after adjustment?

• A) $68,000
• B) $50,000
• C) $18,000
• D) $32,000

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Definitions:

Self-Contradictions

Statements that inherently contradict themselves, making them logically untrue.

Conjunction

A word that connects phrases, clauses, or words together in a sentence; in logic, it represents a compound statement that is true only if both of its component statements are true.

Conjunct

An element of a conjunction in logic, being one of the propositions that are combined by "and" to form a conjunction.

Self-Contradiction

A statement that denies itself, presenting an inconsistency that renders the statement false.