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On December 31, 2021, ABC had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $43,500 and $2,400, respectively. During 2022, ABC wrote off

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On December 31, 2021, ABC had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $43,500 and $2,400, respectively. During 2022, ABC wrote off $625 in accounts receivable and determined that there should be an allowance for uncolectible accounts of $4,900 at December 31, 2022. Bad debt expense for 2022 would be Multiple Choice $625 O $3,125 O $7.925 O $2.625

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