The Following Information Is from the 2013 Records of Armadillo

question 158

Multiple Choice

The following information is from the 2013 records of Armadillo Camera Shop: $\begin{array}{|l|r|}\hline\text { Accounts receivable, December 31,2013 } & \$ 20,000 \text { (debit) } \\\hline \text { Net credit sales for 2013 } & 95,000 \\\hline \text { Accounts written off as uncollectible during 2013 } & 7,000 \\\hline \text { Cash sales during 2013 } & 27,000 \\\hline\end{array}$ Uncollectible accounts expense is determined by the direct write-off method.Which of the following will be the amount of Uncollectible accounts expense?

• A) $2,250
• B) $3,450
• C) $7,000
• D) $2,850

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Definitions:

Midlife

A period in an individual's life, usually ranging from the mid-40s to the mid-60s, characterized by personal, social, and psychological changes.

Pregnancy

The condition or period of being pregnant, where an embryo or fetus develops inside a woman's uterus.

Grandmothers

Female family members who are the mothers of someone's parents, often playing significant roles in family dynamics and child upbringing.

Old Age

A life stage characterized by the advanced age of an individual, often associated with retirement and an increased likelihood of health issues.