Bruner Company Uses the Percent of Receivables Method to Estimate

question 100

Essay

Bruner Company uses the percent of receivables method to estimate the amount of its uncollectible accounts expense.At the end of 2012,Bruner had a balance of $750 in its Allowance for Doubtful Accounts.The amount of Accounts Receivable at the end of the period was $80,000,and the company estimates that 4% will be uncollectible.What would be the amount of Uncollectible Accounts Expense for 2012?

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Definitions:

Generalization

The tendency, once a response has been conditioned, for stimuli similar to the conditioned stimulus to elicit similar responses.

Operant Conditioning

A type of learning in which behavior is strengthened if followed by a reinforcer or diminished if followed by a punisher.

Observational Learning

Acquiring behaviors through the observation and replication of others' actions.

Respondent Behavior

Actions that occur as an automatic response to a particular stimulus, not under conscious control.