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Germaine Inc.'s allowance for doubtful accounts was $85,000 at the end of 2020, and $105,000 at the end of 2019. For the year ended December
Germaine Inc.'s allowance for doubtful accounts was $85,000 at the end of 2020, and $105,000 at the end of 2019. For the year ended December 31, 2020, Germaine reported bad debt expense of $18,000 in its income statement. What was the amount of receivables that were written off in 2020?
Question 8 options:
| $34,650 |
| $20,000 |
| $38,000 |
| $12,000 |
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