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