Question: Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $75000. If the balance of the Allowance for Doubtful Accounts is $15000

Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $75000. If the balance of the Allowance for Doubtful Accounts is $15000 debit before adjustment what is the amount of bad debt expense for that period?

$60000

$90000

$75000

$15000

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