s) At the end of 2020, Durrell, Inc. reported an ending balance in it's allowance for...
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s) At the end of 2020, Durrell, Inc. reported an ending balance in it's allowance for bad debt of $3,872,000. At the end of 2021, the company recorded bad debt expense of $5,800,000. If Durrell, Inc. reported an allowance for bad debt on its 2021 balance sheet of $6,187,200, how much did the company write off as bad debt during the year? O $3,484,800 O $5,800,000 O $6,574,400 O $8,115,200 s) At the end of 2020, Durrell, Inc. reported an ending balance in it's allowance for bad debt of $3,872,000. At the end of 2021, the company recorded bad debt expense of $5,800,000. If Durrell, Inc. reported an allowance for bad debt on its 2021 balance sheet of $6,187,200, how much did the company write off as bad debt during the year? O $3,484,800 O $5,800,000 O $6,574,400 O $8,115,200
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Answer Option a 3484800 is correct Allowance for doubtful debts ledger Ac Particulars Amoun... View the full answer
Related Book For
Horngrens Accounting
ISBN: 978-0133855371
10th Canadian edition Volume 1
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann L. Johnston, Peter R. Norwood
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