If the Allowance for Doubtful Accounts opened with a $10,000 credit balance, had write-offs of $5,000 (with

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If the Allowance for Doubtful Accounts opened with a $10,000 credit balance, had write-offs of $5,000 (with no recoveries) during the period, and had a desired ending balance of $20,000 based on an aging analysis, what was the amount of Bad Debt Expense?

a. $5,000

b. $10,000

c. $15,000 

d. $20,000

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Fundamentals Of Financial Accounting

ISBN: 9781265440169

7th Edition

Authors: Fred Phillips, Shana Clor Proell, Robert Libby, Patricia Libby

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