Question: 46. Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $20,000. If the balance of the Allowance for Doubtful Accounts is

46. Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $20,000. If the balance of the Allowance for Doubtful Accounts is $5,000 debit before adjustment, what is the amount of bad debt expense for that period? a. $5,000 b. $25,000 c. $32,000 d. $40,000

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