You are given the following balances for the year 20x5: Allowance for doubtful accounts, beginning of year$47,034

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You are given the following balances for the year 20x5:

Allowance for doubtful accounts, beginning of year $47,034

Allowance for doubtful accounts, end of year $58,037

Accounts written off $24,811

What is the amount of bad debt expense for the year?

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Accounting Principles

ISBN: 978-1119048503

7th Canadian Edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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Posted Date: Mar 12, 2024 06:24 AM

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You are given the following balances for the year 20x5: Allowance for doubtful accounts, beginning of year$47,034

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The bad debt expense for the year 20x5 is 1380800 Heres how we can calculate i... View the full answer

Accounting Principles

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