Using the aging method,estimated uncollectible accounts are $3,000.If the balance in the Allowance for Doubtful Accounts is a $600 debit before adjustment,what is the Bad Debts Expense adjustment for the period?
A)$3,000
B)$3,600
C)$2,400
D)$600

Question

Quizplus · Accepted Answer

The Bad Debts Expense adjustment is calculated by adding the existing debit balance of $600 to the estimated uncollectible accounts of $3,000, resulting in a total adjustment of $3,600.

Using the Aging Method,estimated Uncollectible Accounts Are $3,000