Weiner Company&39;s net credit sales were $500,000 during 2010. On - ProProfs Discuss
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Weiner Company's net credit sales were $500,000 during 2010. On december 21, the accounts receivable ending balance is $80,000. Assume the unadjusted balance of allowance for uncollectible accounts is a debit of $500 and that Weiner estimates that 7% of the accounts receivable will not be collected. The amount of bad debt expense recorded on Decmeber 31 will be:



A. $5000
B. $6100
C. $5100
D. $5600

This question is part of Financial Accounting Exam II, Chapters 5 & 6
Asked by Stephens, Last updated: Mar 18, 2020

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John Smith

John Smith

Answered Oct 26, 2016

$6100
 

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