Using the Accounts Receivable Aging Method,estimated Uncollectible Accounts Are $40,000

question 74

Multiple Choice

Using the accounts receivable aging method,estimated uncollectible accounts are $40,000.If the balance of the Allowance for Uncollectible Accounts is an $8,000 debit before adjustment,what is the balance after adjustment?

• A)$8,000
• B)$32,000
• C)$40,000
• D)$48,000

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Definitions:

Pyroclastic Eruptions

Explosive volcanic eruptions that eject fragmented material, including ash, lava fragments, and volcanic bombs.

Volcanic Mudflows

Rapid flows of volcanic material, consisting of a mixture of water and rock fragments, that move down the slopes of a volcano.

Mantle Plume

A column of very hot rock rising up from deep within the Earth's mantle, believed to cause volcanic hotspots and other tectonic features.

Flood Basalts

Large-scale volcanic events characterized by the rapid flow of basalt lava that covers vast areas of the Earth's surface.