Question: 4. Prior to the adjusting entry for bad debt expense, Liennan, [nc.'s balances for accounts receivable and allowances for doubtful accounts were $72, (debit) and

4. Prior to the adjusting entry for bad debt expense, Liennan, [nc.'s balances for accounts receivable and allowances for doubtful accounts were $72, (debit) and $2,200 (credit), respectively. After the bad debt expense entry was posted, the net realizable value of accounts receivable was $653300. Bad debt expense for the year was a. $67,3{l b. $69,310 c. $64,8{l d. $67390

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