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What was the uncollectible accounts expense for the year

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Reference no: EM132933219

Problem 1: The beginning balance in the Allowance for Uncollectible Accounts account is a $3,500 debit. After conducting an aging analysis, management has determined that $4,700 of accounts receivable will be uncollectible. What was the Uncollectible Accounts Expense for the year?

Option 1: $3,500
Option 2: $4,700
Option 3: $1,200
Option 4: $8,200

Reference no: EM132933219

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