Question: Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $41000. If the balance of the Allowance for Doubtful Accounts is an
Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $41000. If the balance of the Allowance for Doubtful Accounts is an $8200 debit before adjustment, what is the amount of bad debt expense for that period?
A. $49200
B. $32800
C. $8200
D. $41000
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