Multiple Choice
The following information is from the 2015 records of Armand Camera Shop: 
Bad debts expense is estimated by the aging-of-receivables method. Management estimates that $5,000 of accounts receivable will be uncollectible. Calculate the amount of bad debts expense for 2015.
A) $7,000
B) $6,500
C) $6,450
D) $5,250
Correct Answer:
Verified
Correct Answer:
Verified
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