Klosterman Corporation's unadjusted trial balance includes the following balances (assume normal balances): Bad debts are estimated to be 6% of outstanding receivables. What amount of bad debts expense will the company record?
A) $44,760
B) $30,560
C) $29,708
D) $45,612

Question

Klosterman Corporation's unadjusted trial balance includes the following balances (assume normal balances):  Bad debts are estimated to be 6% of outstanding receivables. What amount of bad debts expense will the company record?
A) $44,760 
B) $30,560 
C) $29,708 
D) $45,612

Quizplus · Accepted Answer

The Answer of Klosterman Corporation's unadjusted trial balance includes the following balances (assume normal balances):  Bad debts are estimated to be 6% of outstanding receivables. What amount of bad debts expense will the company record?
A) $44,760 
B) $30,560 
C) $29,708 
D) $45,612

Klosterman Corporation's Unadjusted Trial Balance Includes the Following Balances (Assume