At december 31, amy jo's appliances had account balances in accounts receivable of $311,000 and in allowance for uncollectible accounts of $970 (credit) before any adjustments. an analysis of amy jo's december 31 accounts receivable suggests that the allowance for uncollectible accounts should be 2% of accounts receivable. bad debt expense for the year should be: a. $9,820. b. $9,681. c. $9,300. d. $8,780.

$5,250

Explanation:

data provided :

Account balance in account receivable = $311,000

Allowance for Uncollectible Accounts = $970 (credit)

allowance for uncollectible accounts = 2% of accounts receivable

Now,

⇒ Bad debt expenses = 2% of accounts receivable - $970

or

⇒ Bad debt expenses = 0.02 × $311,000 - $970

or

⇒ Bad debt expenses = $6,220 - $970

or

⇒ Bad debt expenses = $5,250

odd consecutive integers are odd integers that follow each other. they have a difference of 2 between every two numbers. if n is an odd integer, then n, n+2, n+4 and n+6 will be odd consecutive integers. the first number in the pattern is always the variable on its own or in this case, "n". examples.

answer; microeconomics;