Takn&Test-Bamark Bampoe Google Com eSecure https/ hestld 1863930818centerwinsyes

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Takn&Test-Bamark Bampoe Google Com eSecure https/ hestld 1863930818centerwinsyes ACG 2021-1024 Online (S50) Murphy Bismark Bampoe&9/16/18 12:09 AM Quiz: Chapter 8 Exam Time Remaining: 00 5524 Submit Quiz This Question: 6 pts 6 of 11 (2 complete) This Quiz: 100 pts possible Question Hep The Alowance for Bad Debts has a credit balance of $8,000 before the adjusting enbry for bad debts expense After analyzing the accounts in the accounts receivable subsidiary ledger using the aging-of-receivables method the company's management esim ates that uncolecitle accounts wa be $17,000 what w be the amount of Bad Debts Expense reported on the income statement? OA. 000 OB. $25,000 O C. $9.000 O D. $17,000 Cick so select your anse

Explanation / Answer

Answer- C

There is credit of $8000 in baddebt account and estimated $17000 in uncollectible account. So we need to show 9000. [17000-8000]

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