Using the Percentage-Of-Receivables Method for Recording Bad Debt Expense Estimated

question 185

Multiple Choice

Using the percentage-of-receivables method for recording bad debt expense estimated uncollectible accounts are $45000.If the balance of the Allowance for Doubtful Accounts is $6000 balance before adjustment what is the amount of bad debt expense for that period?

• A)$45000
• B)$39000
• C)$51000
• D)$6000

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Legal rights to use, control, and benefit from owning property, both tangible and intangible.

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