At the End of 2012,Duffau Company Had Outstanding Accounts Receivable

question 141

Multiple Choice

At the end of 2012,Duffau Company had outstanding accounts receivable of $109,760.Before recording the adjusting entry for uncollectible accounts,the balance in the Allowance for Doubtful Accounts was $350.If Duffau estimates that it will not collect 4 percent of its accounts receivable,what amount of uncollectible accounts expense should Duffau record? Round to the nearest dollar.

• A) $4,040
• B) $4,740
• C) $4,390
• D) $5,090

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