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    lopezap1's Avatar
    lopezap1 Posts: 13, Reputation: 1
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    #1

    Jul 17, 2012, 03:50 PM
    Under the aging-of-accounts-receivable method, the balance in
    A) Allowance for Uncollectible Accounts prior to adjustment is ignored.
    B) Accounts Receivable prior to adjustment must be considered.
    C) Allowance for Uncollectible Accounts prior to adjustment must be considered.
    D) Uncollectible-Account Expense prior to adjustment must be considered.


    I think its B
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #2

    Jul 17, 2012, 04:09 PM
    What do you think about A
    lopezap1's Avatar
    lopezap1 Posts: 13, Reputation: 1
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    #3

    Jul 17, 2012, 04:13 PM
    I thought any answer that says to ignore - would be wrong.
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #4

    Jul 17, 2012, 04:31 PM
    Essentially they mean the same thing but the allowance for uncollectables is not a factor in the aging of receivables
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