Assume the Mirtha Company had the following balances at year-end. Assume the company recorded no write-offs or recoveries during 2012. What was the amount of bad debt expense reported in 2012?
A) $79,000.
B) $64,600.
C) $28,800.
D) $14,400.

Question

Assume the Mirtha Company had the following balances at year-end.  Assume the company recorded no write-offs or recoveries during 2012. What was the amount of bad debt expense reported in 2012?
A) $79,000. 
B) $64,600. 
C) $28,800. 
D) $14,400.

Quizplus · Accepted Answer

The Answer of Assume the Mirtha Company had the following balances at year-end.  Assume the company recorded no write-offs or recoveries during 2012. What was the amount of bad debt expense reported in 2012?
A) $79,000. 
B) $64,600. 
C) $28,800. 
D) $14,400.

Assume the Mirtha Company Had the Following Balances at Year-End