A Newly Created Design Business Called Smart Art Is Just

question 81

Multiple Choice

A newly created design business called Smart Art is just finishing up its first year of operations.During the year,there were credit sales of $40,000 and collections of $36,000.One account for $650 was written off.Smart Art uses the aging method to account for uncollectible account expense,and has calculated an amount of $200 as their estimate of uncollectible amounts at year-end.
-At the end of the year,what is the ending balance in Uncollectible account expense?

• A) $150
• B) $800
• C) $200
• D) $850

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Definitions:

Proxemics

The study of human use of space and the effects that population density has on behaviour, communication, and social interaction.

Territorial Space

The physical or psychological space that individuals or groups claim as their own and may defend against encroachment by others.

Perception

The process of recognizing, organizing, and interpreting sensory information to understand the environment or situation.

Proxemics

The study of how people use space in communication and how different cultures interpret personal and public spaces.