Using the Allowance Method, the Uncollectible Accounts for the Ye $\$ 28,000$

question 15

Multiple Choice

Using the allowance method, the uncollectible accounts for the ye ar is estimated to be $\$ 28,000$ . If the balance for the Allowance for Doubtful Accounts is a $\$ 7,000$ credit before adiustment, 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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