Solved: Bad debt expense is 25000 allowance for doubtful accounts, Accounting Basics

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Bad debt expense is 25000 allowance for doubtful accounts

Question - Bad debt expense is $25,000. Allowance for doubtful accounts has a beginning balance of $12,000 and an ending balance of $10,000. What is the book-tax difference associated with bad debt expense?

A. $2,000 favorable

B. $2,000 unfavorable

C. $7,000 favorable

D. $7,000 unfavorable

E. None of the above

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Accounting Basics: Bad debt expense is 25000 allowance for doubtful accounts

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