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:

Actions And Thoughts

These are cognitive and behavioral processes that encompass all mental and physical activities, including decision-making, analysis, movement, and speech.

Placebo

A substance or treatment with no therapeutic effect, often used in the control group in experiments to test the effectiveness of drugs.

Social Interactions

The processes by which individuals act towards or respond to other members of a society or group.

Alcoholic Drinks

Beverages containing ethanol, commonly known as alcohol, consumed for their intoxicating effects.