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A Year-End Review of Accounts Receivable and Estimated Uncollectible Percentages

Question 65

Multiple Choice

A year-end review of Accounts Receivable and estimated uncollectible percentages revealed the following: A year-end review of Accounts Receivable and estimated uncollectible percentages revealed the following: Before the year-end adjustment,the credit balance in Allowance for Uncollectible Accounts was $900.Under the aging-of-receivables method,the balance in the Allowance for Uncollectible Accounts will be ________ after the adjusting entry is made. A) $380 B) $7,600 C) $8,500 D) $9,400 Before the year-end adjustment,the credit balance in Allowance for Uncollectible Accounts was $900.Under the aging-of-receivables method,the balance in the Allowance for Uncollectible Accounts will be ________ after the adjusting entry is made.


A) $380
B) $7,600
C) $8,500
D) $9,400

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