A company's unadjusted trial balance at the end of the year includes the following: The company uses the allowance method and has completed the aging schedule which indicates $5,800 of accounts are estimated uncollectible. What is the amount of bad debt expense to be recorded for the year?
A) $5,800
B) $4,800
C) $6,800
D) $7,800
Correct Answer:
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