An Aging of a Company's Accounts Receivable Indicates That $13,000

question 34

Multiple Choice

An aging of a company's accounts receivable indicates that $13,000 is estimated to be uncollectible.If the Allowance for Doubtful Accounts has a $2,400 debit balance, the adjustment to record bad debts for the period will require a

• A)debit to Bad Debts Expense for $15,400.
• B)debit to Bad Debts Expense for $13,000.
• C)debit to Bad Debts Expense for $10,600.
• D)debit to Allowance for Doubtful Accounts for $13,000.

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