Adjustment to record bad debts for the period


An aging of a company's accounts receivable indicates that $4,500 are estimated to be uncollectible. If Allowance for Doubtful Accounts has a $1,200 credit balance, the adjustment to record bad debts for the period will require a

• debit to Bad Debt Expense for $3,300.

• credit to Allowance for Doubtful Accounts for $4,500.

• debit to Bad Debt Expense for $4,500.

• debit to Allowance for Doubtful Accounts for $3,300

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Accounting Basics: Adjustment to record bad debts for the period
Reference No:- TGS0511718

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