Question $24$

$3$ pts

The allowance method of estimating uncollectible accounts receivable based on an analysis of receivables shows that $$640$ of accounts receivable are uncollectible. The Allowance for Doubtful Accounts has a debit balance of $$110.$ The adjusting entry at the end of the year will include a credit to Allowance for Doubtful Accounts in the amount of:

$$110$

$$750$

$$640$

$$530$

Question $25$

$3$ pts