Use the Following to Answer Questions

question 125

Multiple Choice

Use the following to answer questions
On January 1,2016 Grande Company had a $16,000 balance in the Accounts Receivable account and a zero balance in the Allowance for Doubtful Accounts account.During 2016,Grande provided $104,000 of service on account.The company collected $97,000 cash from accounts receivable.Uncollectible accounts are estimated to be 2% of sales on account.
-The amount of uncollectible accounts expense recognized on the 2016 income statement is:

• A)$320.
• B)$1,000.
• C)$2,080.
• D)$1,940.

---

Definitions:

Theorists

Individuals who develop theories, especially in fields like philosophy, sociology, and political science, to explain various aspects of the world.

Modernity

A cultural and historical period characterized by the move towards industrialization, secularization, rationality, and the nation-state.

Project of Modernity

Refers to the era of modernism characterized by belief in progress and enlightenment through science, reason, and the emancipation of humanity from traditional bindings.

Jurgen Habermas

A German sociologist and philosopher known for his theories on communicative rationality, the public sphere, and the discourse ethics.