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At the beginning of 2019, a company reported accounts receivable of $331,750 and an allowance for doubtful accounts of $16,700. At the end of the
At the beginning of 2019, a company reported accounts receivable of $331,750 and an allowance for doubtful accounts of $16,700. At the end of the year, December 31 , the company prepared an aging of accounts receivable. The estimated amount of allowance for doubtful accounts at year end based on the aging schedules was $27,079. What amount of bad debt expense should the company record as an adjusting journal entry on December 31, 2019? $43,779 $304,671 $10,379 $315,050
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