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:

Designated Problem

A specific issue identified for intervention or resolution within a therapeutic or social work context.

Partialization

A problem-solving technique in social work and counseling that involves breaking down large problems into more manageable segments.

Discrete Units

Individual, separate elements or components that are distinct and not connected in a continuous sequence.

Engagement Process

The method through which individuals, groups, or communities become actively involved and invested in a particular project, program, or initiative.