The unadjusted trial balance at the end of the year includes the following: Accounts Receivable$111,000? Allowance for Doubtful Accounts 2300? Both accounts have normal balances. The company uses the aging of accounts receivable method. Its estimate of uncollectible receivables resulting from the aging analysis equals $7750. What is the amount of Bad Debt Expense to be recorded for the year?
A. $12,350
B. $5450
C. $7750
D. $10,050
Answer: B
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