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journal entry to record the uncollectible account expense under the allowance method is: a. Dr...

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Accounting

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journal entry to record the uncollectible account expense under the allowance method is: a. Dr Allowance for Doubtful Accounts (ADA) b. Dr Uncollectible Account Expense c. Dr Uncollectible Account Expense d. None of the above Cr Uncollectible Account Expense Cr Accounts Receivable Cr Allowance for Doubtful Accounts (ADA) XX Xx Table ACC 203-2 On December 31, 2017,Trista Inc, had the following accounts and balances (before adjustment) on its books: Accounts Receivable Allowance for Doubtful Accounts (ADA) Net Sales $120,000 3,000 (credit balance 750,000 19. Refer to Table ACC 203-2. Trista uses the percentage of sales method estimates that its Uncollectible Account Expense is 2% of Net Sales. The Uncollectible Account Expense for 2017 should be: a. $12,000 b. $18,000 c.$9,000 d. $15,000 20. Refer to Table ACC 203-2. Trista uses the percentage of receivables method and estimates that its Uncollectible Account Expense is 10% of Accounts Receivable. The Uncollectible Account Expense for 2017 should be: a. $12,000 b. $18,000 C. $9,000 d. $15,000

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