Multiple Choice
Quill Industries uses the aging of accounts receivable method.Its estimate of uncollectible receivables resulting from the aging analysis equals $20,000.The unadjusted credit balance in the Allowance for Doubtful Accounts account is $6,400.What is the estimated Bad Debt Expense for the period?
A) $6,400
B) $13,600
C) $20,000
D) $26,400
Correct Answer:
Verified
Correct Answer:
Verified
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