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Moscowietz Co

Question 53

Multiple Choice

Moscowietz Co.'s allowance for doubtful accounts was $85,000 at the end of 2010 and $105,000 at the end of 2009.For the year ended December 31, 2010, Moscowietz reported bad debt expense of $18,000 in its income statement.What amount did
Moscowietz debit to the appropriate account in 2010 to write off actual bad debts?


A) $20,000
B) $34,650
C) $38,000
D) $12,000

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