Question: Multiple Choice Question 110 Using the percentage of receivables method for recording bed debt expense, estimated uncollectible accounts are 561000. If the balance of the

 Multiple Choice Question 110 Using the percentage of receivables method for

Multiple Choice Question 110 Using the percentage of receivables method for recording bed debt expense, estimated uncollectible accounts are 561000. If the balance of the Allowance for Doubtful Accounts is an $12200 debit before adjustment, what is the amount of bad debt expense for that period? $61000 $12200 548800 $73200

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