If uncollectible accounts are determined by the aging-of-receivables method to be $ 1 comma 200, the uncollectible-account expense for 2018 would be $ 500. The balance of the Allowance account after the adjusting entry at year-end 2018 would be $ 1 comma 200. Using the aging-of-receivables method, the net realizable value of accounts receivable on the December 31, 2018, balance sheet would be.

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if uncollectible accounts are determined by the aging-of-receivables method to be $ 1 comma 200, the uncollectible-account expense for 2018 would be

The balance of the Allowance account after the adjusting entry at year-end 2018 would be

the adjusting journal entry should be:

Dr Bad debt expense 400

    Cr Allowance for uncollectible accounts 400

Using the aging-of-receivables method, the net realizable value of accounts receivable on the December 31, 2018, balance sheet would be

0

0.693

1.386

graph A

Step-by-step explanation: