Use the information above to answer the following question.If Johnstone Supplies,Inc. ,writes off $3,081 of uncollectible accounts during August,2014,the unadjusted account balance in the allowance for doubtful accounts on August 31,2014 will be:
A)$30,931.
B)$5,065.
C)$34,012.
D)$1,984.

Question

Quizplus · Accepted Answer

The unadjusted balance in the allowance for doubtful accounts is calculated by subtracting the write-off amount ($3,081) from the initial balance ($34,012), resulting in $30,931.

Use the Information Above to Answer the Following Question