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  3. Study Set
    Fundamentals of Financial Accounting Study Set 5
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    Exam 8: Reporting and Interpreting Receivables, Bad Debt Expense, and Interest Revenue
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    Assume the Mirtha Company Had the Following Balances at Year-End
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Assume the Mirtha Company Had the Following Balances at Year-End

Question 98

Question 98

Multiple Choice

Assume the Mirtha Company had the following balances at year-end. Assume the Mirtha Company had the following balances at year-end.   Assume the company recorded no write-offs or recoveries during 2012. What was the amount of bad debt expense reported in 2012? A)  $79,000. B)  $64,600. C)  $28,800. D)  $14,400. Assume the company recorded no write-offs or recoveries during 2012. What was the amount of bad debt expense reported in 2012?


A) $79,000.
B) $64,600.
C) $28,800.
D) $14,400.

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