Monro Inc Uses the Accrual Method of Accounting Which of the Following Statements Is True?
A) Bad Debt

Monro Inc. uses the accrual method of accounting. Here is a reconciliation of Monro's allowance for bad debts for the current year. $\begin{array}{lr}\text { Beginning allowance for bad debts }&\$61,150\\\text { Actual write-offs of accounts receivable during the year }&(80,000) \\\text {Addition to allowance }&88,500\\\text { Ending allowance for bad debts }&\$69,650\end{array}$
Which of the following statements is true?

A) Bad debt expense per books and the deduction for bad debts is $69,650.
B) Bad debt expense per books and the deduction for bad debts is $88,500.
C) Bad debt expense per books is $80,000, and the deduction for bad debts is $88,500.
D) Bad debt expense per books is $88,500, and the deduction for bad debts is $80,000.