The Unadjusted Balance of the Allowance for Doubtful Accounts of Johnstone

Multiple Choice

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, 2011. Based on the accounts receivable aging report, bad debt expense will be:

A) $34,012.
B) $5,065.
C) $62,959.
D) $50,434.