Answer:
During Year 4, Tara wrote off $7,000 in receivables and recovered $4,000 that had been written off in prior years. Tara's December 31, Year 3, allowance for uncollectible accounts was $22,000. Under the aging method, what amount of allowance for uncollectible accounts should Tara report on December 31, Year 4?
$19,000.
Explanation:
Wrote off $7,000
recover $4,000
uncollected money stands at= 7,000-4,000= $3,000 in year 4
total uncollected money in year 3 is $22,000
then will be 22,000-3,000= $19,000
