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    Calculationa of Bad Debt Expense

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    Using the percentage of receivables method for recording bad debts expense, estimated noncollectable are $25,000 at the end of the year. If the balance of the Allowance for Doubtful Accounts is $8,000 debit adjustment, what is the amount of bad debt expense for the period?

    Bad Debt Expense:___________________

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    Dear student,
    Answer to your question is as follows.
    Allowance for Doubtful Debts Account
    (1) On percentage basis estimated uncollectible are $25000

    Add: Allowance for Doubtful Accounts before adjustment,(Dr Balance) $8000

    Solution Summary

    This solution provides calculations for bad debt expense.