Using the Allowance Method, the Uncollectible Accounts for the Year

question 193

Multiple Choice

Using the allowance method, the uncollectible accounts for the year is estimated to be $28,000. If the balance for the Allowance for Doubtful Accounts is a $7,000 debit before adjustment, what is the amount of bad debts expense for the period?

• A) $7,000
• B) $21,000
• C) $28,000
• D) $35,000

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