Feldman's Allowance for Doubtful Accounts had a credit balance of $12,600 on January 1, 2019. During 2019, the company wrote off $10,200 of Accounts Receivable as uncollectible. The company prepared the following summary schedule from an aging of accounts receivable outstanding on December 31, 2019:
Determine the Bad debts Expense to be recorded on December 31, 2019.

Question

Quizplus · Accepted Answer

Desired Year-end Allowance Balance = Beginning Allowance Balance + Bad Debt expense Adjustment - Write-offs
$14,200 = $12,600 + X - $10,200
X = $11,800
 11ee7640_e1d4_386d_90da_af45115cc628_TBCB1007_00

Feldman's Allowance for Doubtful Accounts Had a Credit Balance of $12,600