Question: Multiple Choice Question 119 Using the allowance method, the uncolectible accounts for the year is estimated to be $52500. If the balance for the Alowance

Multiple Choice Question 119 Using the allowance method, the uncolectible accounts for the year is estimated to be $52500. If the balance for the Alowance for Doubtful Accounts is a $8500 debit before adjustment, what is the amount of bad debt expense for the period? O $61000 O $8500 O $52500 O $44000

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