The unadjusted trial balance at the end of the year includes the following:

Both accounts have normal balances.The company uses the aging of accounts receivable method.Its estimate of uncollectible receivables resulting from the aging analysis equals $5,800.What is the amount of Bad Debt Expense to be recorded for the year?
A) $5,800
B) $4,800
C) $6,800
D) $7,800

Question

The unadjusted trial balance at the end of the year includes the following:

Both accounts have normal balances.The company uses the aging of accounts receivable method.Its estimate of uncollectible receivables resulting from the aging analysis equals $5,800.What is the amount of Bad Debt Expense to be recorded for the year?
A) $5,800 
B) $4,800 
C) $6,800 
D) $7,800

Quizplus · Accepted Answer

The Answer of The unadjusted trial balance at the end of the year includes the following:

Both accounts have normal balances.The company uses the aging of accounts receivable method.Its estimate of uncollectible receivables resulting from the aging analysis equals $5,800.What is the amount of Bad Debt Expense to be recorded for the year?
A) $5,800 
B) $4,800 
C) $6,800 
D) $7,800

The Unadjusted Trial Balance at the End of the Year