At December 31,before Adjusting and Closing the Accounts Had Occurred,the

question 78

Multiple Choice

At December 31,before adjusting and closing the accounts had occurred,the Allowance for Doubtful Accounts of Seaboard Corporation showed a debit balance of $3,200.An aging of the accounts receivable indicated the amount probably uncollectible to be $2,100.Under these circumstances,a year-end adjusting entry for uncollectible accounts expense would include a:

• A)Debit to the Allowance for Doubtful Accounts for $1,100.
• B)Credit to the Allowance for Doubtful Accounts for $1,100.
• C)Debit to Uncollectible Accounts Expense of $2,100.
• D)Debit to Uncollectible Accounts Expense of $5,300.

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