Ask Question
29 October, 16:07

Using the percentage of receivables method for recording bad debt expense, estimated uncollectible accounts are $11,000. If the balance of the Allowance for Doubtful Accounts is $2,800 debit before adjustment, what is the balance after adjustment?

+1
Answers (1)
  1. 29 October, 16:49
    0
    Adjustment balance will be $13800

    Explanation:

    We have given estimated uncollectible accounts are $11,000

    And doubtful account is $2800

    We have to find the balance after adjustment

    Balance after adjustment will be sum of uncollectible accounts and doubtful account

    So the adjustment balance will be equal to $11000 + $2800 = $13800

    So the adjustment balance will be $13800
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Using the percentage of receivables method for recording bad debt expense, estimated uncollectible accounts are $11,000. If the balance of ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers