At the beginning of the year, Sophia Bakery Supplies (SBS) had a balance in the...
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Accounting
At the beginning of the year, Sophia Bakery Supplies (SBS) had a balance in the allowance for doubtful accounts of $6,000. Throughout the year, SBS recovered $3,500 of accounts, and estimated bad debt expense to be $4,000. If the ending allowance for doubtful account balance is $9,500, what amount did SBS write-off during the year?
Select one:
a. $16,600
b. $4,000
c. $7,500
d. $11,000
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