1 A company creates the following accounts receivable aging report at the end of the year: Age Group Not yet due 0-60 days past due More than 60 days past due Multiple Choice Amount Receivable debit to Bad Debt Expense for $700. $ 6,000 $ 4,000 $ 2,000 Prior to adjusting entries, the Allowance for Uncollectible Accounts has a debit balance of $500. The year-end adjusting entry would include a: debit to Bad Debt Expense for $1,200. Estimated Percent Uncollectible 5% 10% 25% 4

A company creates the following accounts recelvable aging report at the end of the year: Prior to adjusting entries, the Allowance for Uncollectible Accounts has a debit balance of $500. The year-end adjusting entry would include a: Multuple Choice debit to Bed Debt Expense for $700 debit to Bod Debt Expense for $1.200 Multiple Choice debit to Bad Debt Expense for $700. debit to Bad Debt Expense for \$1,200. debit to Bad Debt Expense for $1,700. credit to Allowance for Uncollectible Accounts for $1,200