Business, 25.02.2020 23:14 leledaisy1994

On December 31, 2012, Larry's Used Cars had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $68,000 and $1,150 respectively. During 2013, Larry's wrote off $2,125 in accounts receivable and determined that there should be an allowance for uncollectible accounts of $5,450 at December 31, 2013. Bad debt expense for 2013 would be:

a. $6,425.
b. $4,475.
c. $5,450.
d. $1,150.

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On December 31, 2012, Larry's Used Cars had balances in Accounts Receivable and Allowance for Uncoll...

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