Question: Question 53 View Policies Current Attempt in Progress Vaughn Manufacturing unadjusted trial balance includes the following balances (assume normal balances): Accounts Receivable $1130000 Allowances for

Question 53 View Policies Current Attempt in Progress Vaughn Manufacturing unadjusted trial balance includes the following balances (assume normal balances): Accounts Receivable $1130000 Allowances for Doubtful Accounts $23100 Bad debts are estimated to be 5% of outstanding receivables. What amount of bad debt expense will the company record? $55978 $33400 $56500 $32122
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