At the end of March, the unadjusted trial balance of Tutor, Inc. included the following accounts:
![1753_1325270320790899267 (1).png](https://secure.tutorsglobe.com/CMSImages/1753_1325270320790899267 (1).png)
28. Required information
Refer to the information above. Tutor uses the balance sheet approach in estimating uncollectible accounts expense, and aging the accounts receivable indicates the estimated uncollectible portion to be $8,600. What is the amount of uncollectible accounts expense recognized in Tutor's income statement for March?
$8,600.
$6,800
$10,400.
$1,800.
29. Required information
Refer to the information above. Tutor uses the balance sheet approach in estimating uncollectible accounts expense, and aging the accounts receivable indicates the estimated uncollectible portion to be $7,400. The net realizable value of Tutor's accounts receivable in the March 31 balance sheet is:
$247,400.
$240,000.
$232,600.
$352,600.
30. Required information
Refer to the information above. Tutor uses the income statement approach in estimating uncollectible accounts expense, and uncollectible accounts expense is estimated to be 3% of credit sales. What is the amount of uncollectible accounts expense recognized in Tutor's income statement for March?
$13,500.
$18,000.
$8,600.
$7,200.
31. Required information
Refer to the information above. Tutor uses the income statement approach in estimating uncollectible accounts expense, and uncollectible accounts expense is estimated to be 3% of credit sales. The net realizable value of Tutor's accounts receivable in the March 31 balance sheet is:
$251,800.
$253,500.
$224,700.
$255,300.