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Zero Inc. companys Allowance for Doubtful Accounts has a year-end credit balance, prior to adjustment, of $650. The bad debts are estimated at 3% of
Zero Inc. companys Allowance for Doubtful Accounts has a year-end credit balance, prior to adjustment, of $650. The bad debts are estimated at 3% of $560,000. The year-end adjusting journal entry to record bad debt expense is: A. $16,150 B. $ 650 C. $16,800 D. $16,650
A.
$16,150
B.
$ 650
C.
$16,800
D.
$16,650
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