An examination of customers$’$ accounts shows that accounts totaling $$679$ should be written off as uncollectible. Using an aging of receivables, the company determines that the ending balance of the Allowance for Doubtful Accounts should be $$700.$ Adjustment needed to obtain the correct ending balance of the Allowance for Doubtful Accounts. 

What would be written off to bad debts expense

Answer rating: 100% (QA)

Answer To calculate the adjustment needed to obtain the correct ending balance of the Allowance ... View the full answer