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Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $59000. If the balance of the Allowance for Doubtful Accounts is an $11800 debit before adjustment, what is the amount of bad debt expense for that period? $11800 $47200 $70800 $59000

Respuesta :

Answer:

$47,200

Explanation:

the amount of Expense is the Balance in the Estimated  - Balance in Allowance for Doubtful Debt Account

= $59,000 -$ 11,800

= $47,200

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