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Debit to Accounts Receivable for $47,000.00 Question 10 Blossom Co. uses an aging schedule at December 31. Number of Days Outstanding 0-30 days 31-60 days
Debit to Accounts Receivable for $47,000.00 Question 10 Blossom Co. uses an aging schedule at December 31. Number of Days Outstanding 0-30 days 31-60 days 61-90 days Over 90 days Total Accounts Receivable $264,700 71,400 46,000 20,500 $402,600 Estimated % Uncollectible 1% 6% 10% 19% Estimated Uncollectible Accounts $2,647 4,284 4,600 3,895 $15,426 * Question 10 Your answer is correct. Assuming the allowance for doubtful accounts has an unadjusted credit balance of $5,430 at December 31, what is the bad debt expense for the year? Bad debt expense $9996
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