The Beginning Balance in the Allowance for Doubtful Accounts Is

question 95

Multiple Choice

The beginning balance in the allowance for doubtful accounts is $12,656 and the ending balance is $14,348.If bad debt expense was $3,879,which of the following statements is true?

• A)The allowance account was retroactively debited $2,187 for additional bad debts that became apparent in a future time period.
• B)The allowance account was debited $2,187 for write-offs of actual bad debts.
• C)The allowance account was credited $2,187 for recoveries of bad debts.
• D)The allowance account was credited $2,187 for the difference between the percent of credit sales method and the aging of accounts receivable method.

Identify and interpret thread notes in structural design documents.

Understand basic welding symbols and their placements on technical drawings.

Differentiate between weld symbols and welding symbols.

Identify the meanings of various AWS standard symbols for different weld types.