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

Question

Quizplus · Accepted Answer

Overstating uncollectible account expense increases the allowance for doubtful accounts, reducing net accounts receivable.

If the Amount of Uncollectible Account Expense Is Overstated at Year