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QUESTION
On Dec 31 prior to adjustment, Allowance for Doubtful Accounts has a credit balance of 400.
On Dec 31 prior to adjustment, Allowance for Doubtful Accounts has a credit balance of 400. An aging analysis of the accounts receivable produses an estimate of 2000 of probable losses from uncollectible accounts. The adjusting entry needed to record the estimated losses from uncollectible accounts is made forA. 400B 1600C 2000d 2400I am not for sure if u add or minus them it has to be done before midnight tonight
On Dec 31 prior to adjustment, Allowance for Doubtful Accounts has a credit balance of 400. An aginganalysis of the accounts receivable produses an estimate of 2000 of probable losses from...