Using the percentage of receivables method for recording bad debts expense, estimated uncollectible accounts are $25,000. If the balance of the Allowance for Doubtful Accounts is $8,000 debit before adjustment what is the amount of bad debt expense for that period?
a. $25,000
b. $8,000
c. $33,000
d. $17,000
Ans: c. $33,000
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