Sudan Ltd'S Allowance for Doubtful Accounts Was $85,000 at the End

question 268

Multiple Choice

Sudan Ltd.'s allowance for doubtful accounts was $85,000 at the end of 2013 and $105,000 at the end of 2012.For the year ended December 31, 2013, Sudan reported bad debt expense of $18,000 in its income statement.What amount did Sudan debit to allowance for doubtful accounts during 2013 to write off actual bad debts?

• A)$38,000
• B)$34,650
• C)$20,000
• D)$12,000

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Definitions:

Visually

Pertaining to or relating to the ability to see or the process of vision.

Causal Relationships

denote a connection between two events where one is understood to be a direct result of the other, indicating a cause-and-effect relationship.

Experiments

The implementation of scientific procedures undertaken to discover something unknown or test a hypothesis, involving a manipulation of variables to determine cause and effect.

Correlation

A statistical measure that indicates the extent to which two or more variables fluctuate together, showing how one may predict the other.