Your business uses the allowance method to account for uncollectible receivables. At the beginning of the year,

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Your business uses the allowance method to account for uncollectible receivables. At the beginning of the year, Allowance for Uncollectible Accounts had a credit balance of $1,800. During the year you wrote off bad receivables of $2,000 and recorded Bad Debt Expense of $2,900. What is your year-end balance in Allowance for Uncollectible Accounts?

a. $2,700

b. $3,800

c. $4,700

d. $3,300 AppendixLO1

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Financial Accounting

ISBN: 9781292019543

3rd Global Edition Edition

Authors: Robert Kemp, Jeffrey Waybright, Pearson Education

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