What kaisen doubtful accounts expense would be

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Reference no: EM132703270

KAISEN Co. prepared an aging of its accounts receivable at December 31, 2020 and determined that the net realizable value of the receivables was 29,000,000. Additional information is available as follows:

Allowance for uncollectible accounts at 1/1/20-credit balance 3,000,000

Accounts written off as uncollectible during 2020 250,000

Accounts receivable at 12/31/20 32,500,000

Uncollectible accounts recovered during 2020 500,000

Problem 1: For the year ended December 31, 2020, KAISEN's doubtful accounts expense would be

Group of answer choices

a. 300,000

b. 750,000

c. 500,000

d. 250,000

Reference no: EM132703270

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