Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $43,000. If the balance of the Allowance for Doubtful Accounts is $4,600 balance before adjustment, what is the amount of bad debt expense for that period?

Step-by-step explanation:

Given that

Estimated uncolllectible account balance = $43,000

Balance of the allowance for doubtful accounts = $4,600

So the amount of bad debt expense is

Since it is not mentioned whether it is a credit or debit balance so we calculated by considering the both

If we considered the debit balance of allowance for doubtful debts so,

= $43,000 + $4,600

= $47,600

And, if credit balance, so

= $43,000 - $4,600

= $38,400

3/4 ÷ 3/4

step-by-step explanation:

basically divide any proper fraction with itself to fit the criteria.

so if we are using 3/4, then:

3/4 ÷ 3/4 = 1

so 1 is the quotient.

and the numerators for both these fractions is 3.   and if we divide the numerators:

3 ÷ 3 = 1

we see that quotient is equal to our original quotient as well.

x = 17

step-by-step explanation:

1st step: isolate x.

24 - 3x = -27

-24         -24

-3x   =   -51

2nd step: divide.

-3x     =   -51

  3             3

  x       =     17

hope this