lopezap1
Jul 17, 2012, 04:44 PM
A debit balance in the Allowance for Uncollectible Accounts:
A) cannot occur.
B) is the normal balance.
C) occurs when the actual bad debt write-offs are less that what was estimated.
D) occurs when the actual bad debt write-offs are greater than what was estimated
I think the answer is C
A) cannot occur.
B) is the normal balance.
C) occurs when the actual bad debt write-offs are less that what was estimated.
D) occurs when the actual bad debt write-offs are greater than what was estimated
I think the answer is C