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At the beginning of April, BIG Inc. had a $50.000 debit balance in accounts receivable and a $1,000 credit balance in the allowance for bad

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At the beginning of April, BIG Inc. had a $50.000 debit balance in accounts receivable and a $1,000 credit balance in the allowance for bad debt. During the month of April, BIG recognized $200,000 of sales revenue, which included $125,000 on account to customers. BIG collected $75,000 cash from customers for merchandise that was initially sold on account during the month. They also had to write off a $3,000 account from a bankrupt customer. At the end of the month, an analysis of the aging of accounts receivable indicated that $5.000 would be uncollectible. Using the aging method, how much is bad debt expense for the month of April? $2.000 $4.000 $7.000 $5,000

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