If the amount of uncollectible account expense is understated at year end
A) net income will be understated.
B) stockholders' equity will be understated.
C) Allowance for Doubtful accounts will be overstated.
D) net Accounts Receivable will be overstated.

Question

Quizplus · Accepted Answer

If uncollectible account expense is understated, it means that the allowance for doubtful accounts is too low, leading to an overstatement of net accounts receivable.

If the Amount of Uncollectible Account Expense Is Understated at Year