Using the Percentage-Of-Sales Method, You Estimate That Total Uncollectible Accounts

question 108

Multiple Choice

Using the percentage-of-sales method, you estimate that total uncollectible accounts are $4,500. The Allowance for Uncollectible Accounts prior to adjustment has a debit balance of $1,400. The amount of the adjusting entry is:

• A) $1,400
• B) $3,100
• C) $4,500
• D) $5,900

Understand the importance of cultural competency in helping professions.

Identify the ethical principles guiding the helping professions, including nonmaleficence and confidentiality.

Recognize the factors influencing privileged status and power dynamics in society.

Discern between appropriate and inappropriate use of power and multiple role relationships in the helping context.

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Definitions:

Endoplasmic Reticulum

A membrane-bound organelle in eukaryotic cells involved in the synthesis, folding, modification, and transport of proteins and lipids.

Ribosomes

Cellular organelles that serve as the site of protein synthesis, translating mRNA into polypeptide chains.

Intracellular Digestion

The breakdown of nutrients within the cytoplasm of a cell as a part of the metabolic process.

Lysosome

Enzyme-filled vesicle that breaks down cellular wastes and debris.