On June 30th (The End of the Period) Brown Company

question 108

Short Answer

On June 30th (the end of the period) Brown Company has a credit balance of $2,275 in Allowance for Doubtful Accounts. An evaluation of accounts receivable indicates that the proper balance should be $30,025. Journalize the appropriate adjusting entry.
Jun 30th Bad Debt Expense 27,750
Allowance for Doubtful Accounts 27,750

---

Definitions:

Reasons

The explanations or justifications for an action or belief, often examined in the context of decision-making and problem-solving.

Omission Training

A learning process in which a response leads to the removal of an expected reward or positive outcome, thereby decreasing the likelihood of that response in the future.

Response Cost

A behavior modification technique that involves the loss of a reward or privilege following undesired behaviors to decrease their occurrence.

Timeout

A form of behavioral modification that involves temporarily removing an individual from an environment where undesirable behavior has occurred, to decrease the likelihood of that behavior reoccurring.