1
a. $8,620.
b. $9,720.
c. $10,820.
d. $1,100.

1 Answer

2

Answer:

c. $10,820.

Explanation:

The computation of the amount of the adjustment for uncollectible accounts is shown below

= Account receivable reported × given percentage + debit balance of allowance for uncollectible accounts

= $243,000 × 4% + $1,100

= $9,720 + $1,100

= $10,820

hence, the amount of the adjustment for uncollectible accounts is $10,820

Therefore the correct option is c

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Breana Simonis
15.5k 3 10 26
answered 7 months ago