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Coronado Company's account balances at December 31 for Accounts Receivable and Allowance for Doubtful Accounts were $2200000 and $53000 (C.), respectively. An aging of accounts

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Coronado Company's account balances at December 31 for Accounts Receivable and Allowance for Doubtful Accounts were $2200000 and $53000 (C.), respectively. An aging of accounts receivable indicated that $192000 are expected to become uncollectible. The amount of the adjusting entry for bad debts at December 31 is $220000 $245000 $192000. $139000

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