Multiple Choice
Use the information above to answer the following question.The unadjusted balance of the allowance for doubtful accounts of Johnstone Supplies,Inc. ,is a credit balance in the amount of $28,947 on July 31,2014.Based on the accounts receivable aging report,bad debt expense will be:
A) $34,012.
B) $5,065.
C) $62,959.
D) $50,434.
Correct Answer:
Verified
Correct Answer:
Verified
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