A year-end review of Accounts Receivable and estimated uncollectible percentages revealed the following: Before the year-end adjustment, the credit balance in Allowance for Uncollectible Accounts was $900. Under the aging-of-receivables method, the balance in the Allowance for Uncollectible Accounts will be ________ after the adjusting entry is made.

Question

A year-end review of Accounts Receivable and estimated uncollectible percentages revealed the following:  Before the year-end adjustment, the credit balance in Allowance for Uncollectible Accounts was $900. Under the aging-of-receivables method, the balance in the Allowance for Uncollectible Accounts will be ________ after the adjusting entry is made.

Quizplus · Accepted Answer

The Answer of A year-end review of Accounts Receivable and estimated uncollectible percentages revealed the following:  Before the year-end adjustment, the credit balance in Allowance for Uncollectible Accounts was $900. Under the aging-of-receivables method, the balance in the Allowance for Uncollectible Accounts will be ________ after the adjusting entry is made.

A Year-End Review of Accounts Receivable and Estimated Uncollectible Percentages