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Pharoah Company unadjusted trial balance includes the following balances (assume normal balances): Accounts receivable Allowance for doubtful accounts O $75100 Bad debts are estimated to

Pharoah Company unadjusted trial balance includes the following balances (assume normal balances): Accounts receivable Allowance for doubtful accounts O $75100 Bad debts are estimated to be 6% of outstanding receivables. What amount of bad debt expense will the company record? O $118100 O $72970 $1900000 O $112730 $38900
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Bad debts are estimated to be 6% of outstanding receivables. What amount of bad debt expense will the company record? $75100 $118100 $72970 $112730

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