in an accrual based accounting system, sales revenue is recognized in the period in which:

Multiple Choice

• Cash payment is received by the seller.

• Merchandise is delivered to the customer.

• The customer orders the merchandise.

• Purchases are made to replace the merchandise sold.

Bert had accounts receivable of $285,000 and an allowance for doubtful accounts of $11,100 just before writing off as worthless an account receivable from Ernie Company of $1,200. After writing off this receivable what would be the balance in Bert's Allowance for Doubtful Accounts?

Multiple Choice

• $11,100 credit balance.

• $12,300 credit balance.

• $9,900 debit balance.

• $9,900 credit balance.