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The data below is for Randall Corporation Accounts receivable - December 31, 2019 $536,000 Customer accounts written off as uncollectible during the year: 8,000 Allowance
The data below is for Randall Corporation
| Accounts receivable - December 31, 2019 | $536,000 |
| Customer accounts written off as uncollectible during the year: | 8,000 |
| Allowance for doubtful accounts - January 1, 2019 | 8,700 |
| Estimated uncollectible accounts based on an aging analysis | 10,600 |
If the aging approach is used to estimate bad debts, determine the bad debt expense for the year.
A. $8,000
B. $8,100
C. $8,700
D. $9,900
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Cost Accounting Fundamentals Essentials Concepts And Examples
Authors: Steven M. Bragg
7th Edition
1642210846, 978-1642210842
