Question
Using the percentage of receivables method for recording bad debt expense, estimated uncollectible accounts are $15000. If the balance of the Allowance for Doubtful Accounts
Using the percentage of receivables method for recording bad debt expense, estimated uncollectible accounts are $15000. If the balance of the Allowance for Doubtful Accounts is $2080 debit before adjustment, what is the amount of bad debt expense?
|
| $2080 |
|
| $12920 |
|
| $15000 |
|
| $17080 |
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The Internal Auditing Pocket Guide
Authors: J. P. Russell
1st Edition
0873895606, 978-0873895606
