The following information is available for Pirate Company:
As a result of a review and aging of Accounts Receivable in early January 2019, however, it has been determined that an Allowance For Doubtful Accounts of $7,500 is required at December 31, 2018.What amount should Oreo record as bad debt expense for calendar 2018?
A) $4,200
B) $11,700
C) $7,500
D) $74,000
Correct Answer:
Verified
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