An Aging-Of-Accounts-Receivable Indicates That the Amount of Uncollectible Accounts Is

question 93

Multiple Choice

An aging-of-accounts-receivable indicates that the amount of uncollectible accounts is $3,410.The Allowance for Uncollectible Accounts prior to adjustment has a credit balance of $300.The Accounts Receivable balance is $44,720.The amount of the adjusting entry for uncollectible accounts should be for:

• A)$300.
• B)$3,110.
• C)$3,710.
• D)$3,410.

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Definitions:

Oedipus Complexes

The Oedipus complex is a concept in psychoanalytic theory referring to a child's feelings of desire for their opposite-sex parent and jealousy and rivalry with their same-sex parent.

Sexual Exploits

Acts or deeds considered to be achievements or adventures in the realm of sexual activities, often boasting or bragging about them.

Phallic Stage

A phase in Freudian psychosexual development occurring between approximately ages 3 and 6, where the libido (sexual energy) is concentrated in the genital area.

Oral Stage

A developmental phase in psychoanalytic theory during which an infant's pleasure is focused on oral activities such as sucking and biting.