Domino Company Ages Its Accounts Receivable to Estimate Uncollectible Accounts

Multiple Choice

Domino Company ages its accounts receivable to estimate uncollectible accounts expense.Domino began Year 2 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $76,500 and $5,800,respectively.During Year 2,the company wrote off $4,640 in uncollectible accounts.In preparation for the company's estimate of uncollectible accounts expense for Year 2,Domino prepared the following aging schedule:

What amount will be reported as uncollectible accounts expense on the Year 2 income statement?

A) $6,132
B) $1,512
C) $7,292
D) $4,640