Allowance for Doubtful Accounts Has a Credit Balance of $1,400

question 96

Multiple Choice

Allowance for Doubtful Accounts has a credit balance of $1,400 at the end of the year (before adjustment) . The company prepares an analysis of customers' accounts to estimate the amount of uncollectible accounts of $17,900. Which of the following adjusting entries would be made to record the Bad Debt Expense for the year?

• A) debit allowance for doubtful Accounts, $16,500; credit Bad Debt Expense, $16,500
• B) debit Allowance for Doubtful Accounts $19,300; credit Bad Debt Expense, $19,300
• C) debit Bad Debt Expense, $19,300; credit Allowance for Doubtful Accounts, $19,300
• D) debit Bad Debt Expense, $16,500; credit allowance for Doubtful Accounts, $16,500

---

Definitions:

Cover Page

The first page of a document that typically contains the title, author's name, and other identifying information.

Table of Authorities

A list in legal documents, like briefs and memoranda, that catalogs and organizes the sources cited, such as cases, statutes, and regulations.

Table of Contents

A list at the beginning of a document, usually a book, showing where each section or chapter can be found.

Add a Cover Page

Inserting a specially designed introductory page at the beginning of a document typically containing the title, author, and other relevant information.