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    Fundamentals of Financial Accounting Study Set 3
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    Exam 8: Receivables, bad Debt Expense, and Interest Revenue
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    Assume the Mirtha Company Had the Following Balances at Year-End
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Assume the Mirtha Company Had the Following Balances at Year-End

Question 15

Question 15

Multiple Choice

Assume the Mirtha Company had the following balances at year-end. Assume the company recorded no write-offs or recoveries during 2011.What was the amount of bad debt expense reported in 2011?


A) $79,000.
B) $64,600.
C) $28,800.
D) $14,400.

Correct Answer:

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