On January 1,2019,Triangle Company Has the Following Account Balances

question 163

Multiple Choice

On January 1,2019,Triangle Company has the following account balances: Allowance for Bad Debts
During the year,Triangle has $165,000 of credit sales,collections of credit sales of $143,000,and write-offs of $3000.It records bad debts expense at the end of the year using the aging-of-receivables method.At the end of the year,the aging analysis shows that $2100 is the estimate of uncollectible accounts.Before the year-end entry to adjust the bad debts expense is made,the balance in the Allowance for Bad Debts is ________.

• A) a debit of $1700
• B) a credit of $4300
• C) a zero balance
• D) a debit of $3000

Understand ergonomic principles for setting up a computer workstation.

Recognize the procedures for opening, operating, and closing a medical office.

Understand the impact of discrimination and cultural diversity in medical practice settings.

Recognize the characteristics and handling of highly contagious diseases in a medical office.

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Definitions:

Controversy

A dispute or disagreement, often public, that involves differing opinions on a particular matter.

Stare Decisis

A legal principle that dictates courts should follow precedents set in previous case law when making decisions.

U.S. Supreme Court

The highest federal court in the United States, with ultimate judicial authority to interpret and decide on federal constitutional issues.

Rigidly

Rigidly refers to something done in a very strict or inflexible manner.