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    ashley568's Avatar
    ashley568 Posts: 34, Reputation: 3
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    #1

    Feb 13, 2009, 03:48 PM
    Bad Debt Expense
    Allowance for Doubtful Accounts: Jan. 1, balance $4,000, Dec. 31, balance $7,500, uncollectible accounts written off during the year, $30,000. What was the Bad Debt Expense for the period?

    I would think that it is 30,000 because that is how much is being written off... but it seems to easy. Am I missing something?
    ashley568's Avatar
    ashley568 Posts: 34, Reputation: 3
    Junior Member
    		  
    #2

    Feb 13, 2009, 03:57 PM

    So I was thinking
    4,000+30,000=34,000-7,000=26,500

    So the 26,500 would be expensed, is that right?
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