Question

Total doubtful accounts at the end of the year are estimated to be $25,000 based on an aging of accounts receivable. If the balance in the Allowance for Doubtful Accounts is a $7,000 debit before adjustment, what is current years Bad Debt Expense?

A) $7,000

B) $18,000

C) $25,000

D) $32,000

Answer

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