Question: Using the aging method of accounts receivable method, $ 7 , 2 0 0 of the company's Accounts Receivable are estimated to be uncollectible. At

Using the aging method of accounts receivable method, $7,200 of the company's Accounts Receivable are estimated to be uncollectible. At the end of the year, the balance of Accounts Receivable is $122,000 and the unadjusted credit balance of the Allowance for Doubtful Accounts is $940. Credit sales during the year totaled $194,000. What is the current year's Bad Debt Expense?
Multiple Choice
$6,260
$7,200
$9,200
$10,140
Using the aging method of accounts receivable

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