Assume the Murtha Company reported the following adjusted account balances at year-end.

Assume the company recorded no write-offs or recoveries during 2016.What was the amount of Bad Debt Expense reported in 2016?
A) $79,000
B) $64,600
C) $28,800
D) $14,400

Question

Assume the Murtha Company reported the following adjusted account balances at year-end.

Assume the company recorded no write-offs or recoveries during 2016.What was the amount of Bad Debt Expense reported in 2016?
A) $79,000 
B) $64,600 
C) $28,800 
D) $14,400

Quizplus · Accepted Answer

The Answer of Assume the Murtha Company reported the following adjusted account balances at year-end.

Assume the company recorded no write-offs or recoveries during 2016.What was the amount of Bad Debt Expense reported in 2016?
A) $79,000 
B) $64,600 
C) $28,800 
D) $14,400

Assume the Murtha Company Reported the Following Adjusted Account Balances