Multiple Choice
During 20A,Thomas Company recorded bad debt expense of $15,000 and wrote off an uncollectible tradereceivable amounting to $5,000.Assuming a January 1,20A,credit balance in the allowance for doubtful accounts of $10,000,the December 31,20A,balance in the allowance account would be which of the following?
A) $5,000.
B) $15,000.
C) $20,000.
D) $25,000.
Correct Answer:

Verified
Correct Answer:
Verified
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