Allowance for Doubtful Accounts Has an Unadjusted Balance of $500

question 46

Multiple Choice

Allowance for Doubtful Accounts has an unadjusted balance of $500 at the end of the year,and an analysis of accounts in the customers ledger indicates doubtful accounts of $15,000.Which of the following records the proper provision for doubtful accounts?

• A)Increase Uncollectible Accounts Expense,$14,500;increase Allowance for Doubtful Accounts,$14,500
• B)Increase Uncollectible Accounts Expense,$15,000;increase Allowance for Doubtful Accounts,$15,000
• C)Increase Uncollectible Accounts Expense,$14,000;increase Allowance for Doubtful Accounts,$14,000
• D)Increase Uncollectible Accounts Expense,$15,500;increase Allowance for Doubtful Accounts,$15,500

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