MC Qu. 8-45 Assume Zap Industries reported the following...

q.11

MC Qu. 8-45 Assume Zap Industries reported the following... Assume Zap Industries reported the following adjusted account balances at year-end. 20192018 Accounts Receivable Allowance for Doubtful Accounts Accounts Receivable, Net $2,496,320 $1,937,472 126,400)(103,360) $2,369,920 $1,834,112 Assume the company recorded no write-offs or recoveries during 2019. What was the amount of Bad Debt Expense reported in 20197 Mutiple Choice $126,400 $103,360 $46,000 $23,040