At the end of the month, the unadjusted trial balance of Four Star Company included the following accounts:

-Refer to the above data. If Four Star uses the balance sheet approach in estimating uncollectible accounts, and aging the accounts receivable indicates the estimated uncollectible portion to be $24,000, the uncollectible accounts expense for the month is:

Question

At the end of the month, the unadjusted trial balance of Four Star Company included the following accounts:
 
-Refer to the above data. If Four Star uses the balance sheet approach in estimating uncollectible accounts, and aging the accounts receivable indicates the estimated uncollectible portion to be $24,000, the uncollectible accounts expense for the month is:

Quizplus · Accepted Answer

The Answer is B

At the End of the Month, the Unadjusted Trial Balance