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25 February, 16:43

An aging minus of receivable indicates that the amount of uncollectible accounts is $ 3, 310. The Allowance for Uncollectible Accounts prior to adjustment has a credit balance of $ 600. The Accounts Receivable balance is $ 44, 720. The amount of the adjusting entry for uncollectible accounts should be for:

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  1. 25 February, 20:37
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    Answer: $42010

    Step-by-step explanation:

    Given that uncollectible accounts is $ 3, 310.

    Accounts prior to adjustment has a credit balance of $ 600

    3310 - 600 = 2710

    Accounts Receivable balance is $ 44, 720

    The amount of the adjusting entry for uncollectible accounts will be

    Account receivable - 2710

    44720 - 2710 = 42010 dollars
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