LaFond Company analyzes its accounts receivable at December 31, 2016, and arrives at the aged categories below along with the percentages that are estimated as uncollectible.

Age Group	Accounts Receivable	Estimated Loss %
Current (not past due)	$250,000	0.20%
1-30 days past due	90,000	1.0
31-60 days past due	20,000	2.0
61-120 days past due	11,000	5.0
121-180 days past due	6,000	10.0
Over 180 days past due	4,000	25.0
Total accounts receivable	$381,000

At the beginning of the fourth quarter of 2016, there was a credit balance of $4,390 in the Allowance for Uncollectible Accounts. During the fourth quarter, LaFond Company wrote off $3,790 in receivables as uncollectible. a. What amount of bad debts expense will LaFond report for 2016? $Answer

Incorrect Mark 0.00 out of 1.00

b. What is the balance of accounts receivable that it reports on its December 31, 2016, balance sheet? $Answer

Incorrect Mark 0.00 out of 1.00

c. Set up T-accounts for both Bad Debts Expense and for the Allowance for Uncollectible Accounts. Enter any unadjusted balances along with the dollar effects of the information described (including your results from parts a and b).

Bad Debts Expense
(a)	Answer Incorrect Mark 0.00 out of 1.00	Answer Correct Mark 1.00 out of 1.00
Balance	Answer Incorrect Mark 0.00 out of 1.00	Answer Correct Mark 1.00 out of 1.00

Allow. For Uncoll. Accounts
Beg. Bal.	Answer Incorrect Mark 0.00 out of 1.00	Answer Incorrect Mark 0.00 out of 1.00
Write-off	Answer Incorrect Mark 0.00 out of 1.00	Answer Incorrect Mark 0.00 out of 1.00
(a)	Answer Correct Mark 1.00 out of 1.00	Answer Incorrect Mark 0.00 out of 1.00
Balance	Answer Correct Mark 1.00 out of 1.00	Answer