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Benton Corporation The data below are for Benton Corporation for 2017: Accounts Receivable-January 1, 2017 Credit sales during 2017 Collections from credit customers during 2017
Benton Corporation The data below are for Benton Corporation for 2017: Accounts Receivable-January 1, 2017 Credit sales during 2017 Collections from credit customers during 2017 Customer accounts written off as uncollectible during 2017 Allowance for doubtful accounts (credit balance) (after write-off of uncollectible accounts) Estimated uncollectible accounts based on an aging analysis $334,000 850,000 725,000 12.000 1,700 13,200 Refer to the data for Benton Corporation. If the aging approach is used to estimate bad debts, what amount should be recorded as bad debts expense for 2017 a. $2,900 b. $23,500 C. $11,500 Od. S26,900
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