11) Upon completing an aging analysis of accounts receivable, the accountant for Rosco Works prepared an aging...
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Question:
11) Upon completing an aging analysis of accounts receivable, the accountant for Rosco Works prepared an aging of accounts receivable and estimated that $5,000 of the $98,000 accounts receivable balance would be uncollectible. The allowance for doubtful accounts had a $400 debit balance at year-end prior to adjustment. What is the amount of bad debt expense?
A) $5,000.
B) $5,400.
C) $4,600.
D) $400.
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