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-   -   2 days of trying to figure this out and I need answers (https://www.askmehelpdesk.com/showthread.php?t=250377)

  • Aug 18, 2008, 08:30 PM
    cherieb
    2 days of trying to figure this out and I need answers
    Dec. 31st. Wrote off the following accounts as uncollectable $2,150, $3600, $5500, $1750.
    Dec 31st Based on analysis of the $815,240 accounts receivable, it was estimated $16,750 uncollectable.




    From question; what is the Bad Debt Expense adjustment on December 31st?
    $18,350
    $19,250
    $19,850
    $20,150

    I can not figure this out it has been 2 days and I need advice or someone to show me which is the answer and how you came up with it pleeeeeeze!
  • Aug 28, 2008, 10:12 PM
    Renaissance1967
    The answer is either 29,750 or 3,750 depending on when the analysis was performed in relation to the write offs.

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