Question - The following information is available for Thomas Company:
Credit sales during 2010 $50,000
Allowance for Doubtful Account, Dec. 31, 2009 $ 1,800
Accounts receivable written of during 2010 $ 1,900
As a result of a review and aging of accounts receivable, it has been determined that the Allowance for Doubtful Accounts should show a balance of $2,100 at December 31,2010. What amount should Thomas record as bad debt expense for the year ended December 31, 2010?
a. $2,200
b. $1,900
c. $2,100
d. $2,000