Total Doubtful Accounts at the End of the Year Are

question 237

Multiple Choice

Total doubtful accounts at the end of the year are estimated to be $12,500 based on an aging of accounts receivable.If the balance in the Allowance for Doubtful Accounts is a $3,500 debit before adjustment,what is current year's Bad Debt Expense?

• A)$3,500
• B)$9,000
• C)$12,500
• D)$16,000