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:

Aligning Actions

Adjusting one's behavior, decisions, or strategies to match specified objectives, values, or the actions of others.

Seeking Mastery

The pursuit of a high level of proficiency or expertise in a particular area or discipline.

Creative Expression

The use of imagination or original ideas to create something, often in the form of art, writing, or other forms of creative work.

Organizational Behavior

The study of how people interact within groups, particularly in a work setting, to understand and improve employee performance and organizational culture.