An aging of a company's accounts receivable indicates that the estimate of uncollectible accounts totals $5,030. If Allowance for Doubtful Accounts has a $962 debit balance, the adjustment to record the bad debt expense for the period will require a

Respuesta :

Answer:

the adjustment to record the bad debt expense for the period will require a $5992

Explanation:

Uncollectible accounts receivable describe the portion of credit sales in accounts receivable the company does not expect to collect from a customer.  Uncollectible accounts is used in the valuation of accounts receivable, which appears on a company's balance sheet as credit account.  

 

Uncollectible accounts______DB___962

Uncollectible accounts total _ CR___5030

 

Total adjusment________________5992

 

Expense_______________________5992