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Total Doubtful Accounts at the End of the Year Are

Question 96

Multiple Choice

Total doubtful accounts at the end of the year are estimated to be $25,000 based on an aging of accounts receivable.If the balance in the Allowance for Doubtful Accounts is a $7,000 debit before adjustment,what is current year's Bad Debt Expense?


A) $7,000
B) $18,000
C) $25,000
D) $32,000

Correct Answer:

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