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On December 31, 2021, Darwin Labs Inc. had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $51,000 and $1,175, respectively. During 2022, Darwin
On December 31, 2021, Darwin Labs Inc. had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $51,000 and $1,175, respectively. During 2022, Darwin Labs wrote off $2,450 in accounts receivable and determined that there should be an allowance for uncollectible accounts of $5,700 at December 31, 2022. Bad debt expense for 2022 would be: Multiple Choice $5,700. $4,425. O $6.975. O $1,175
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