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A Company Used the Aging of Accounts Receivable Method and at December

Question 105

Multiple Choice

A company used the aging of accounts receivable method and at December 31 determined that the net realizable value of accounts receivable was $304,000. In addition, the records show the following: A company used the aging of accounts receivable method and at December 31 determined that the net realizable value of accounts receivable was $304,000. In addition, the records show the following: What was the amount of Bad Debt Expense for the year? A) $96,000 B) $64,000 C) $80,000 D) $16,000 What was the amount of Bad Debt Expense for the year?


A) $96,000
B) $64,000
C) $80,000
D) $16,000

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