Please answer question 7 and 8 with the help of information below;

Accounts receivables of York Company shows a debit balance of TL 208.000 on December 31, 2016. The impairment analysis for receivables shows that the net recoverable amount is TL 194.600. Also Allowance for Uncollectible Accounts has a credit balance of TL 1.600 before the adjustment.

7. What is the impairment loss or recovery for the period?

a. TL 11.800 impairment loss

b. TL 11.800 recovery of impairment loss

c. TL 13.400 impairment loss

d. TL 13.400 recovery of impairment loss

8. What is the ending balance of Allowance for Uncollectible Accounts? ___________________

a. TL 11.800

b. TL 13.400

c. TL 10.200

d. TL 206.400