Mellon Corporation the Data Presented Below Is for Mellon Corporation for the for the Year

question 94

Multiple Choice

Mellon Corporation
The data presented below is for Mellon Corporation for the year ended December 31, 2015:
-Refer to the data for Mellon Corporation.
If Mellon uses the aging of accounts receivable approach to estimate its bad debts, what amount will be reported as bad debt expense for 2015?

• A)$28,000
• B)$31,000
• C)$34,000
• D)$50,000

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