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19 October, 03:11

Using the percentage of receivables method for recording bad debts expense, estimated uncollectible accounts are $10,000. if the balance of the allowance for doubtful accounts is $2,000 credit before adjustment, what is the amount of bad debt expense for that period?

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  1. 19 October, 07:05
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    The bad debt expense = Estimated noncollectable - allowance for doubtful accounts

    The bade debt expense for that period = 10,000-2,000 = $8,000
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