Kerr Company's account balances at December 31 for Accounts Receivable and Allowance for Doubtful Accounts were $2100000 and $20000 (Cr.) respectively. An aging of accounts receivable indicated that $170000 are expected to become uncollectible. The amount of the adjusting entry for bad debts at December 31 is
A) $150000.
B) $170000.
C) $210000.
D) $190000.
Correct Answer:
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