Teeter Company Began 2017 with Accounts Receivable of $400,000 and an Allowance

question 43

Multiple Choice

Teeter Company began 2017 with accounts receivable of $400,000 and an allowance for uncollectible accounts of $20,000 (credit balance) .Bad debt expense for the year was $33,000 and the ending balance in the allowance for uncollectible accounts account was $15,000.What was the amount of accounts receivable written off during the year?

• A)$5,000
• B)$38,000
• C)$438,000
• D)$405,000