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14 July, 00:40

Using the percentage of receivables method for recording bad debt expense, estimated uncollectible accounts are $11,000. If the balance of the Allowance for Doubtful Accounts is $2,800 debit before adjustment, what is the balance after adjustment?

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  1. 14 July, 01:10
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    Adjustment balance will be $13800

    Explanation:

    We have given estimated uncollectible accounts are $11,000

    And doubtful account is $2800

    We have to find the balance after adjustment

    Balance after adjustment will be sum of uncollectible accounts and doubtful account

    So the adjustment balance will be equal to $11000 + $2800 = $13800

    So the adjustment balance will be $13800
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