Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello

Exercise 19

On January 1, Dillon Company had a $3,100 credit balance in the Allowance for Doubtful Accounts.uring the year, sales totaled $780,000, and $6,900 of accounts receivable were written off as uncollectible. December 31 aging of accounts receivable indicated the amount probably uncollectible to be $5,300.No recoveries of accounts previously written off were made during the year.) Dillon's financial statements for the current year should include:
a.ncollectible accounts expense of $9,100.
b.ncollectible accounts expense of $5,300.
c.llowance for Doubtful Accounts with a credit balance of $1,500.
d.llowance for Doubtful Accounts with a credit balance of $8,400.