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Mazarina starts the year with a $ 5 , 0 0 0 allowance for doubtful debts ( debit balance ) . During the year, Mazarina

Mazarina starts the year with a $5,000 allowance for doubtful debts (debit balance). During the year, Mazarina has $450,000 of receivables and estimates that 2% will be uncollectible given past business experience.Assuming Mazarina utilises the percentage of receivables approach, calculate bad debt expense.Group of answer choicesNone of the other alternatives$14,000$4,000$9,000

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