Multiple Choice
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 will be the amount of bad debt expense recorded for the period?
A) $7,000.
B) $18,000.
C) $25,000.
D) $32,000.
Correct Answer:
Verified
Correct Answer:
Verified
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