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A company has an unadjusted debit balance in the Allowance for Doubtful Accounts of $10,000 and the following aging schedule: Name of Customer Total Under

A company has an unadjusted debit balance in the Allowance for Doubtful Accounts of $10,000 and the following aging schedule:

Name of Customer Total Under 30 days 30-60 days 60-90 days Over 90 days
A $ 55,000 $ 30,000 $ 20,000 $ 5,000
B 112,000 90,000 10,000 5,000 7,000
C 106,000 65,000 22,000 15,000 4,000
D 43,000 35,000 2,000 5,000 1,000
Total $ 316,000.00 $ 220,000.00 $ 54,000.00 $ 25,000.00 $ 17,000.00
Percent Uncollectible 1% 30% 25% 35%

What amount should be recorded as the Bad Debt Expense?

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