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Accounts receivable the company has a balance of $4,200,000 and the allowance for doubtful accounts has a credit balance of $29,600 at fiscal year-end prior
Accounts receivable the company has a balance of $4,200,000 and the allowance for doubtful accounts has a credit balance of $29,600 at fiscal year-end prior to adjustment. If the estimate of doubtful accounts determined by aging the receivables is $74,000, the amount of bad debts expense is: Select one: a. $44,400 b. $29,600 c. $99,600 d. $70,000
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