Vine Company began operations on January 1,2013.During its first year,the company completed a number of transactions involving sales on credit,accounts receivable collections,and bad debts.These transactions are summarized as follows: What is the amount required for the adjusting journal entry to record bad debt expense?
A)$18,644.90
B)$38,621.20
C)$19,783.80
D)$19,221.20
E)$19,400.20

Question

Vine Company began operations on January 1,2013.During its first year,the company completed a number of transactions involving sales on credit,accounts receivable collections,and bad debts.These transactions are summarized as follows:  What is the amount required for the adjusting journal entry to record bad debt expense?
A)$18,644.90 
B)$38,621.20 
C)$19,783.80 
D)$19,221.20 
E)$19,400.20

Quizplus · Accepted Answer

The Answer of Vine Company began operations on January 1,2013.During its first year,the company completed a number of transactions involving sales on credit,accounts receivable collections,and bad debts.These transactions are summarized as follows:  What is the amount required for the adjusting journal entry to record bad debt expense?
A)$18,644.90 
B)$38,621.20 
C)$19,783.80 
D)$19,221.20 
E)$19,400.20

Vine Company Began Operations on January 1,2013