Question: Would like help with this question. Question 14 (3 points) Saved A trial balance before adjustments included the following: Debit Sales Accounts receivable 172,000 Allowance
Would like help with this question.
Question 14 (3 points) Saved A trial balance before adjustments included the following: Debit Sales Accounts receivable 172,000 Allowance for doubtful accounts 2,000 Credit $300,000 Assume the allowance for doubtful accounts has a $2.000 debit balance before adjustment. If the estimate of uncollectible accounts is made by taking 5% of gross accounts receivables, what is the amount of bad debt expense (i.e., period-end adjustment)? (3 points) 8600
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