The following information is from the records of Pangolin Camera Shop: 
Bad expense is estimated by the aging-of-receivables method. Management estimates that $2,950 of accounts receivable will be uncollectible. Calculate the amount of net accounts receivable after the adjustment for bad debts.
A) $22,950
B) $22,050
C) $21,150
D) $20,800
Correct Answer:
Verified
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