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

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step-by-step explanation:

step-by-step explanation:

if you want to solve percent error follow these steps.

1. subtract the accepted value from the experimental value.

2. take the absolute value of step 1.

3. divide that answer by the accepted value.

4. multiply that answer by 100 and add the % symbol to express the answer as a percentage.

if you want to solve percent of change just do this.

1. work out the difference (increase) between the two numbers you are comparing.

2. divide the increase by the original number and multiply the answer by 100. if your answer is a negative number then this is a percentage decrease.

hope this : )