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The Red Paider Co. provides services for both cash and on account. Tho accounts are adfusted monthly. For September, the following information is available: x
The Red Paider Co. provides services for both cash and on account. Tho accounts are adfusted monthly. For September, the following information is available: x Accounts Receivable on September ist is $31,200 Aliowance for Doubtful Accounts on September ist is $4,400. Services provided during September for cash $41,000. Services provided during September on account $57,000. During the month collections on account were $50,200 and accounts written off as bad debts were $3,000, At year-end, the company ages its receivables to the following aging schedule: What amount will Red Raider report as Bad Debt Expense on the income Statement? Do not use the dollar sign or a decimal in your answer. Commas are ok. Selectiod Answer: 80 Correct Answer: 4,400 Anfrwer pange +/0(44004400)
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