On January 1, 2020, Harbert Company's Allowance for Doubtful Accounts had a credit balance of $15,000. During 2020, Harbert (1) charged $32,000 to bad debt expense, (2) wrote off $23,000 of uncollectible accounts receivable, and (3) unexpectedly recovered $6,000 of bad debts written off in the prior year. The Allowance for Doubtful Accounts balance at December 31, 2020, should be:

A. $32,000 B. $24,000 C. $30,000 D. $47,000

On sanuary 1, 2020, Harbert Company's Allowance for. Doubtful Accounts had a credit balance of $15,000. During 2020, Harbert (1) charged $32,000 to bad debt expense, (2) wrote off $23,000 of uncollectble accounts receivable, and (3) unexpectedly recovered $6,000 af bad debts written off in the prior year. The Allowance for Doubtful Accounts balance at December 31, 2020, should be: 132000 324,000 $30,000 $47,000