Question: Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $49,000. If the balance of the Allowance for Doubtful Accounts is a

Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $49,000. If the balance of the Allowance for Doubtful Accounts is a $5,800 credit before adjustment, what is the amount of bad debt expense for that period?

a.$43,200

b.$54,800

c.$5,800

d.$49,000

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