Nevada Wolf,Inc

question 110

Multiple Choice

Nevada Wolf,Inc.determined at the end of the year that estimated uncollectible accounts was $50,000.If the Allowance for Doubtful Accounts currently has an unadjusted debit balance of $10,000,what is the amount of bad debts to be recorded at the end of the year?

• A)$55,000
• B)$50,000
• C)$40,000
• D)$60,000