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zvonat [6]
3 years ago
14

On January 1, 2013, the balance in Tabor Co.'s Allowance for Bad Debts account was $13,546. During the first 11 months of the ye

ar, bad debts expense of $21,399 was recognized. The balance in the Allowance for Bad Debts account at November 30, 2013, was $9,859. Required: (a) What was the total of accounts written off during the first 11 months
Business
1 answer:
Elenna [48]3 years ago
4 0

Answer: $25,086

Explanation:

The bad debt written off is calculated by:

= Opening balance in Allowance for bad debts account + Bad debt expense - Closing balance in Allowance for bad debt

= 13,546 + 21,399 - 9,859

= $25,086

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