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Multiple Choice Question 111 Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $49000. If the balance of the Allowance for

Multiple Choice Question 111

Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $49000. If the balance of the Allowance for Doubtful Accounts is $5800 credit before adjustment what is the amount of bad debt expense for that period?

$43200

$54800

$5800

$49000

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