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XYZ Company Estimates Their Allowance for Doubtful Accounts (ADA)by Aging

Question 94

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XYZ Company estimates their allowance for doubtful accounts (ADA)by aging their accounts receivable.At the end of 2018,the balance in the ADA was $165,000.During 2019,XYZ wrote off $16,000 and collected a $14,500 receivable that had been previously written off as uncollectable.At the end of 2019,the aging schedule indicated that the balance in the ADA should be $187,000.How much is the bad debts expense for 2019?

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