Question: Using the aging method of accounts receivable method, $5, 200 of the company's Accounts Receivable are estimated to be uncollectible. At the end of the

Using the aging method of accounts receivable method, $5, 200 of

Using the aging method of accounts receivable method, $5, 200 of the company's Accounts Receivable are estimated to be uncollectible. At the end of the year, the balance of Accounts Receivable is $102,000 and the unadjusted credit balance of the Allowance for Doubtful Accounts is $540. Credit sales during the year totaled $154,000. What is the current year's Bad Debt Expense? $4, 660. $5, 200 $7, 740. $7, 200

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