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What is the current year Bad Debt Expense

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Question - Kramer Company uses the aging method of accounts receivable method and determined that $5,000 of the company's Accounts Receivable are estimated to be uncollectible. At the end of the year, the balance of Accounts Receivable is $100,000 and the unadjusted DEBIT balance of the Allowance for Doubtful Accounts is $500. Credit sales during the year totaled $150,000. What is the current year's Bad Debt Expense?

Reference no: EM132591221

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