[tlong]

Unadjusted Trial Balance
Sales $600,000
Ending Accounts Receivable 180,000
Ending Allowance for Uncollectibles 6,200 CR
Bad Debt Expense 5,000
Estimated Uncollectibles 4%

If they use the sales revenue approach for estimating bad debt expense, after the proper adjustment to the accounts are recorded, the Allowance for Uncollectibles account should show a balance of ________________.
a)6,200 b)7,200 c)11,200 d)25,200


If they use the gross accounts receivable approach for estimating bad debt expense, after the proper adjustment to the accounts is recorded, the Allowance for Uncollectibles account should show a balance of ___________.
a)6,200 b)7,200 c)11,200 d)25,200

Thanks.
tlong:)

[turtlegirl16]

1. 11,200
2. 7,200
I think but I am no good at math:/

[tlong]

Great, those were my answers too but I was confused because you have to add the balance in the allowance account but then it was not adding up to any amount shown in the answers so hopefully we got the right answers. Thank you so much.