If the amount of uncollectible account expense is overstated at year end
A)net income will be overstated.
B)stockholders' equity will be overstated.
C)Allowance for Doubtful accounts will be understated.
D)the cash realizable value of accounts receivable will be understated.

Question

Quizplus · Accepted Answer

If uncollectible account expense is overstated, it increases the Allowance for Doubtful Accounts, reducing the net realizable value of accounts receivable.

If the Amount of Uncollectible Account Expense Is Overstated at Year