Hillside garden co. uses the aging of accounts receivable method to determine its allowance for uncollectible accounts. on january 16, hillside garden co. wrote off an uncollectible account in the amount of $1,300. what effect does the write off have on the company’s financial statements

The answer is: The write off will reduce the Accounts Receivables account in the balance sheet by $1,300.

Step-by-step explanation:

When you use the aging method for determining uncollectible accounts, this will affect the balance sheet.

The January 16 records should be:

The write off will reduce the Accounts Receivables account in the balance sheet by $1,300. The Allowance for Doubtful Accounts account is a contra asset account that reduces the value of assets in the balance sheet.

plants store their excess carbohydrate in the form of starch so that it could be used as energy source later on. the excess carbohydrate is converted into starch in the plastid i.e. chloroplast & this process occurs in the presence of sunlight. it is an insoluble polymer of glucose which gets stored in cell organelles named as amyloplasts. in some plants, starch is also stored in roots and embryos.

a

step-by-step explanation: