1. If uncollectible accounts are determined by the aging of receivables method to be 1,200, the uncollectible account expense for 2016 would be:

a.) 1,200

b.) 2,000

c.) 700

d.) 400

2.) Using the aging of receivables method, the balance of the allowance account after the adjusting entry at year end 2016 would be

a.) 1,200

b.) 700

c.) 400

d.) 2,000

Marshall Company had the following information in 2016 14,000 800 Accounts receivable 12/31/16. Allowance for uncollectible accounts 12/31/16 (before adjustment Credit service revenue during 2016... Cash service revenue during 2016............ Collections from customers on account during 2016 6,000 47,000