Do Secure https//www.mathxl.com/Student/Player Test.aspx?testld-176224662&center

Question

Do Secure https//www.mathxl.com/Student/Player Test.aspx?testld-176224662&centerwin-yes; Financial Accounting Spring 2018 Quiz: Chapter 5A quiz cC This Question: 1 pt 20f 13 (0 complete) ts Anderson Company had the following information in 2016 Accounts receivable 12/31/16 S8,000 600 43,000 10,000 51,000 Allowance for uncollectible accounts 12/31/16 (before adjustment) Credit service revenue during 2016 Cash service revenue during 2016 Uncollectble account expense for 2016 is $860 What is the adusted balance in the Allowance account at year-end for 2016? O A $600 O B. $1,060 O D. $1,460 Click to select your answer Copyright 2018 Pearson Education

Explanation / Answer

Answer A. $600

We have made $860 expenses to recover uncollectible account and that does not add to the provision of uncollectable. So it will remain same as $600.

Related Questions

Navigate

• Browse (All)
• Browse D
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.