Question

R. Antonio Company had the following ntormation in 2014 $ 26,000 1,500 94,000 28,000 100,000 Allowance for uncollectible account 12/31/14 (before adjustment) Collections from customers on account during 2014 . . . . . . . . . . . . . . . . .. If uncollectible accounts are determined by the aging-of-receivables method to be $2,280, the uncollectible account expense for 2014 would be $780. The balance of the Allowance account after the adjusting entry would be O A. $2,280 O B. $1,500. O C. $780 O D. $3,780.

Answer 1

Uncollectible account balance by using aging of receivable method is calculated based on balance sheet approaches

so balance would be $2280 after adjusting entry.

So answer is a) $2280