Multiple Choice
Use the following information for questions
Under the aging of a company's accounts receivable, the uncollectible accounts are estimated to be $24,000. The unadjusted balance for the Allowance for Doubtful Accounts is $8,000 credit.
-What is the amount of bad debts expense for the year?
A) $32,000
B) $24,000
C) $16,000
D) $ 8,000
Correct Answer:
Verified
Correct Answer:
Verified
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