Question
Sudan Ltd.'s allowance for doubtful accounts was $85,000 at the end of 2017 and $105,000 at the end of 2016. For the year ended December
Sudan Ltd.'s allowance for doubtful accounts was $85,000 at the end of 2017 and $105,000 at the end of 2016. For the year ended December 31, 2017, Sudan reported bad debt expense of $18,000 in its income statement. What amount did Sudan debit to allowance for doubtful accounts during 2017 to write off actual bad debts?
| $38,000 |
| $34,650 |
| $20,000 |
| $12,000 |
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Fundamental Accounting Principles Volume II
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
16th Canadian edition
1259261433, 978-1260305838
