At January 1,Everbright Sales Has the Following Balances: During

question 55

Multiple Choice

At January 1,Everbright Sales has the following balances: During the year,Everbright has $150,000 of credit sales,collections of $140,000,and write-offs of $3,000.Everbright records Uncollectible accounts expense at the end of the year using the aging method.At the end of the year,the aging analysis produces a figure of $1,900,being the estimate of uncollectible accounts at end of year.
- After the year-end entry to adjust the Uncollectible accounts expense is made,what is the final balance in the Uncollectible accounts expense?

• A) Debit of $3,700
• B) Credit of $4,200
• C) Debit of $1,900
• D) Debit of $3,000

---

Definitions:

Amygdala

is a part of the brain's limbic system involved in emotion regulation, decision-making, and memory processing, especially related to emotional reactions.

Immaturity

The state or condition of not being fully developed or mature, either physically, emotionally, or mentally.

Extreme, Violent Tantrums

Intense outbursts of anger and frustration, typically in children, that include aggression and may suggest underlying emotional or psychological issues.

Animism

A belief that objects, places, and creatures all possess a distinct spiritual essence.