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CraneShop had a balance in the Accounts Receivable account of $810,000 at the beginning of the year. Historically the company writes off to bad debt
CraneShop had a balance in the Accounts Receivable account of $810,000 at the beginning of the year. Historically the company writes off to bad debt expense 2% of the Accounts Receivable balance. What is the balance of the Bad Debt Allowance account at the beginning of the year?
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A. $16,200
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B. $8,100
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C. $0
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D. $1900
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