Using the Aging-Of-Accounts-Receivable Method,you Estimate That Total Uncollectible Accounts Are

question 116

Multiple Choice

Using the aging-of-accounts-receivable method,you estimate that total uncollectible accounts are $3,800.The Allowance for Uncollectible Accounts prior to adjustment has a debit balance of $1,100.The amount of the adjusting entry should be:

• A) $4,900
• B) $3,800
• C) $2,700
• D) $1,100

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