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Time left 1:39:25 Question 18 Not yet answered Marked out of 1.00 P Rag question Monkey, Inc. had a $420,000 beginning balance in Accounts Receivable and a $15,000 credit balance in the Allowance for Doubtful Accounts. During the year, credit sales were 2.400,000 and customers' accounts collected were $2.430,000. Also, $12,000 in worthless accounts were written off. An aging of the accounts indicates that of the end-of-the-year Accounts Receivable balance is doubtful for collection What amount of Bad Debts Expense should be provided at year-end? Select one A. $21.900 B. $22.800 O C. $15,900 D. $18,900 Mac OZW/ERTYUI Z A / S / DI FGHIJK V M DCBNM Finish attempt Time left 1:37:49 Question 18 Not yet answered Marked out of 1.00 P Flag question Monkey, Inc. had a $420,000 beginning balance in Accounts Receivable and a $15,000 credit balance in the Allowance for Doubtful Accounts. During the year, credit sales were $2,400,000 and customers' accounts collected were $2,430,000. Also, $12,000 in worthless accounts were written off. An aging of the accounts indicates that 5% of the end-of-the-year Accounts Receivable balance is doubtful for collection. What amount of Bad Debts Expense should be provided at year-end? Select one: A $21.900 B. $22,800 C. $15.900 D. $18.900 Mac 72 / 3 / 4 / 5 / 6 Es lo