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Wholesale Stuff, Inc

Question 64

Multiple Choice

Wholesale Stuff, Inc. sells to retailers on account. Sales for the year totaled $9,900,000. The company uses the aging method for determining bad debt expense. The aging report and related information includes: Wholesale Stuff, Inc. sells to retailers on account. Sales for the year totaled $9,900,000. The company uses the aging method for determining bad debt expense. The aging report and related information includes:   The unadjusted balance in the allowance account at year end is $1,700 credit. What is the amount of bad debt expense for the year? A)  $30,690 B)  $32,400 C)  $34,100 D)  $35,800 The unadjusted balance in the allowance account at year end is $1,700 credit. What is the amount of bad debt expense for the year?


A) $30,690
B) $32,400
C) $34,100
D) $35,800

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