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On August 31, Comp Company's aged accounts receivable schedule showed $1,900 in over 90 days past ...

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On August 31, Comp Company's aged accounts receivable schedule showed $1,900 in over 90 days past ...

On August 31, Comp Company's aged accounts receivable schedule showed $1,900 in over 90 days past due. Comp had nothing recorded for potentially uncollectible receivables. What entry should Comp's accountant make, if accounts that are 90 days past due are considered potentially uncollectible?
A) Allowance for doubtful accounts   1,900
   Accounts receivable   1,900
B) Allowance for doubtful accounts   1,900
   Doubtful accounts expense   1,900
C) Accounts receivable   1,900
   Allowance for doubtful accounts   1,900
D) Doubtful accounts expense   1,900
   Allowance for doubtful accounts   1,900

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ʎddɐɥ Author

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7 years ago

This helped my grade so much Perfect

carston

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Correct

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