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On 12/31/X1, Sanders, Inc. had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $4,840 and $94, respectively. During 20X2, Sanders wrote off $82
On 12/31/X1, Sanders, Inc. had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $4,840 and $94, respectively. During 20X2, Sanders wrote off $82 in accounts receivable and determined that there should be an allowance for uncollectible accounts of $114 at 12/31/X2. What amount should Sanders record for bad debt expense? A $32 B $82 C $102 D $114 E None of these 32
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