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Smithson Corporation's unadjusted trial balance includes the following balances (assume normal balances, i.e., debit for AVR and credit for Allowance): Smithson determines that the allowance

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Smithson Corporation's unadjusted trial balance includes the following balances (assume normal balances, i.e., debit for AVR and credit for Allowance): Smithson determines that the allowance should be 6% of accounts receivables. What amount of bad debt expense must the company record? a. $44,562 b. $68,418 c. $45,840 d. $67,140

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