Teeter Company Began 2017 with Accounts Receivable of $400,000 and an Allowance

Multiple Choice

Teeter Company began 2017 with accounts receivable of $400,000 and an allowance for uncollectible accounts of $20,000 (credit balance) .Bad debt expense for the year was $33,000 and the ending balance in the allowance for uncollectible accounts account was $15,000.What was the amount of accounts receivable written off during the year?

A) $5,000
B) $38,000
C) $438,000
D) $405,000