Business
Business, 19.11.2019 03:31, jbot9050

The allowance for bad debts account has a debit balance of $9000 before the adjusting entry for bad debts expense. after analyzing the accounts in the accounts receivable subsidiary ledger using the aging-of-receivables method, the company's management estimates that uncollectible accounts will be $11,000. what amount of bad debts expense will be reported on the income statement?
a) $2000
b) $11,000
c) $8000
d) $20,000

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Answers: 3

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