Allowance for Doubtful Accounts has a debit balance of $880 at the end of the year (before adjustment), and an analysis of accounts in the customers ledger indicates uncollectible receivables of...




Allowance for Doubtful Accounts has a debit balance of $880 at the end of the year (before adjustment), and an analysis of accounts in the customers ledger indicates uncollectible receivables of $15,204. Which of the following entries records the proper adjusting entry for bad debt expense?





a.debit Bad Debt Expense, $880 credit Allowance for Doubtful Accounts, $880

b.debit Bad Debt Expense, $14,324 credit Allowance for Doubtful Accounts, $14,324

c.debit Bad Debt Expense, $16,084 credit Allowance for Doubtful Accounts, $16,084

d.debit Allowance for Doubtful Accounts, $15,204 credit Bad Debt Expense, $15,204



Jun 03, 2022
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