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eHome Email Assignments Discussions Grades Quizzes Calendar Virtual Office FAQ Grammarly More CT 2101 Quiz 8 - Requires Respondus LockDown Browser mit: 0:45:00 Time Left:0:29:20 Myeisha Reese: Attempt 1 Question 1 (1 point) An aging of a company's accounts receivable indicates that $4,500 are estimated to be uncollectible. If Allowance for Doubtful Accounts has a $1,600 debit balance, the adjustment to record bad debts for the period will require a 1) debit to Bad Debt Expense for $4,500. 2) debit to Bad Debt Expense for $6,100. 3) debit to Bad Debt Expense for $2.900 4) credit to Allowance for Doubtful Accounts for $4,500 Page 1 /4/201

Explanation / Answer

2) debit to Bad Debt Expense for $6,100.

The adjustment to record bad debts for the period will require a debit to Bad Debt Expense for:

= $4,500 + $1,600

= $6,100

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