Question
Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $51000. If the balance of the Allowance for Doubtful Accounts is a
Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $51000. If the balance of the Allowance for Doubtful Accounts is a $6200 credit before adjustment, what is the amount of bad debt expense for that period?
|
| $6200 |
|
| $51000 |
|
| $44800 |
|
| $57200 |
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CIA Exam Practice Questions Certified Internal Auditor
Authors: The Internal Audit Foundation
1st Edition
163454045X, 978-1634540452
