What amouint of bad expense will the company record


Smithson Corporation unadjusted trial blanace includes the following balances (asume normal balance)

  • Accounts Receivable $1119000
  • Allowances for Doubtful Accounts $21300

Bad debts are estimated to be 6% of oustanding recievable. what amouint of bad expense will the company record?

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Accounting Basics: What amouint of bad expense will the company record
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