Gekko, Inc. reported the following balances (after adjustment) at the end of 2011 and 2010.
During 2011, Gekko wrote off customer accounts totaling $3,200 and collected $800 on accounts written off in previous years. Gekko's doubtful accounts expense for the year ending December 31, 2011 is
A) $1,500.
B) $2,400.
C) $3,000.
D) $3,900.
Correct Answer:
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