1. A company performs the aging of accounts receivable calculation and arrives at an estimate for uncollectible accounts of $900. If Allowance for Uncollectible Accounts has a debit balance of $200 prior to the year-end adjustment, for how much should the adjustment be journalized?

a.) 900

b.) 1100

c.) 200

d.) 700

2. A company that uses the allowance method writes off a specific account as uncollectible, but then the customer pays. The entries made upon receiving payment will...?

a. decrease Uncollectible Accounts Expense.

b. increase Allowance for Uncollectible Accounts.

c. decrease Allowance for Uncollectible Accounts.

d. decrease Cash.