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For the year ended December 31, 20xo, Barracks and Bullets Emporium estimated its allowance for...

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Accounting

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For the year ended December 31, 20xo, Barracks and Bullets Emporium estimated its allowance for doubtful accounts using the year-end aging Accounts receivable 6 The following data are available 3 points Allowance for doubtful accounts, Jan 120x0 Estimated uncollectible accounts during 20x0 [18 on credit sales of $4,000,000) Uncollectible accounts written off, Nov 30 20x0 Estimated uncollectible accounts per aging, Dec 31 20x0 $37,000 $40,000 $52,000 $74.000 0121:04 After year-end adjustment, the bad debt expense for 20X0 should be Multiple Choice $52 000 $89,000 $37.000 $126,000

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