Respuesta :
Answer:
$3,310
Explanation:
An aging of accounts receivable indicates that the amount of uncollectible accounts is $3,910.
The Allowance for Uncollectible Accounts prior to adjustment has a debit balance of $600.
The Accounts Receivable balance is $44,620.
The amount of the adjusting entry for uncollectible accounts should be for: $3,910 - $600 = $3,310
Generally, as a rule - Allowance for Uncollectible Accounts has a credit balance, which will be subtracted from the amount estimated to be uncollectible, to get the amount of the adjusting entry.
Answer:
The question is missing below options:
A) $600.
B) $3,310.
C) $3,910.
D) $4,510.
The correct option is D
Explanation:
The amount of uncollectible debt of $3910 indicates that the allowance for uncollectible debt account should show a credit balance of $3910 at the end of the period.
Without mincing words, since the allowance for uncollectible debts account already has a debit of $600 already, the adjusting entry needed is a figure that would change the debit balance of $600 to a credit balance of $3910.
Intuitively, a credit entry of $600 would reverse the earlier debit balance and another credit entry of $3910 would guarantee a final credit balance of $3910,as a result the total credit entries passed equal $4510 ($3910+$600).
The amount of of the adjusting entry for uncollectible accounts should be for $4510
