On December 31, 2018, Coolwear Inc. had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $49,000 and $1,100, respectively. During 2019, Coolwear wrote off $625 in accounts receivable and determined that there should be an allowance for uncollectible accounts of $4,600 at December 31, 2019. Bad debt expenses for 2019 would be:

A)$6,325.

B)$4,125.

C)$3,625.

D)$625.

Answer rating: 100% (QA)

Bad debt expense for 2019 would be allowa... View the full answer