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At the beginning of the year, a company had an Allowance for Uncollectible Accounts of $22,600. By the end of the year, actual bad debts total $24,900. What is the balance of the Allowance for Uncollectible Accounts after the write-offs (before any year-end adjustment)

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Answer: $2,300

Explanation:

The bad debts will be written off from the amount in the Allowance for Uncollectibles Account and the amount left will be the balance in the same account.

Balance of the Allowance for Uncollectible Accounts after the write-offs;

= Actual bad debts - Beginning balance in Uncollectible

= 24,900 - 22,600

= $2,300

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