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Manning Co

Question 27

Multiple Choice

Manning Co. had an account receivable from Ny Giant for $3,500 and determined that Giant would be unable to pay that debt. Manning decided to write off Giant's account. At the date of the write-off, total Accounts Receivable were $531,000 and the Allowance for Uncollectible Accounts was $26,800. Manning would make which of the following entries to record the write-off?


A) Manning Co. had an account receivable from Ny Giant for $3,500 and determined that Giant would be unable to pay that debt. Manning decided to write off Giant's account. At the date of the write-off, total Accounts Receivable were $531,000 and the Allowance for Uncollectible Accounts was $26,800. Manning would make which of the following entries to record the write-off? A) B) C) D) E)
B) Manning Co. had an account receivable from Ny Giant for $3,500 and determined that Giant would be unable to pay that debt. Manning decided to write off Giant's account. At the date of the write-off, total Accounts Receivable were $531,000 and the Allowance for Uncollectible Accounts was $26,800. Manning would make which of the following entries to record the write-off? A) B) C) D) E)
C) Manning Co. had an account receivable from Ny Giant for $3,500 and determined that Giant would be unable to pay that debt. Manning decided to write off Giant's account. At the date of the write-off, total Accounts Receivable were $531,000 and the Allowance for Uncollectible Accounts was $26,800. Manning would make which of the following entries to record the write-off? A) B) C) D) E)

D) Manning Co. had an account receivable from Ny Giant for $3,500 and determined that Giant would be unable to pay that debt. Manning decided to write off Giant's account. At the date of the write-off, total Accounts Receivable were $531,000 and the Allowance for Uncollectible Accounts was $26,800. Manning would make which of the following entries to record the write-off? A) B) C) D) E)
E) Manning Co. had an account receivable from Ny Giant for $3,500 and determined that Giant would be unable to pay that debt. Manning decided to write off Giant's account. At the date of the write-off, total Accounts Receivable were $531,000 and the Allowance for Uncollectible Accounts was $26,800. Manning would make which of the following entries to record the write-off? A) B) C) D) E)

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