Timkin Creates the Following Accounts Receivable Aging Report at the End

question 147

Multiple Choice

Timkin creates the following accounts receivable aging report at the end of the year:
Prior to adjusting entries,the Allowance for Uncollectible Accounts has a debit balance of $500.The year-end adjustment would include a:

• A)Credit to Allowance for Uncollectible Accounts for $1,200.
• B)Debit to Bad Debt Expense for $700.
• C)Debit to Bad Debt Expense for $1,700.
• D)Debit to Bad Debt Expense for $1,200.

---

Definitions:

Oral Business Reports

Verbal presentations of business analyses, findings, and recommendations, typically made in formal settings.

Presenting Speech

The act of delivering a spoken presentation to an audience, focusing on communication skills, content organization, and audience engagement.

Methods

Techniques or procedures followed to achieve specific goals or tasks.

Web Presentation

The act of delivering content or information to an audience through a web-based platform or application.