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Sladkaya [172]
3 years ago
15

On January 1, 2019, the balance in Tabor Co.'s Allowance for Bad Debts account was $13,049. During the first 11 months of the ye

ar, bad debts expense of $21,058 was recognized. The balance in the Allowance for Bad Debts account at November 30, 2019, was $9,711. Required: a. What was the total of accounts written off during the first 11 months
Business
1 answer:
ipn [44]3 years ago
4 0

Answer:

$24,396

Explanation:

The total of accounts written off for 11 months can be calculated by subtracting the November 30 balance from the total of beginning balance

Bad debt - Bad debt written off

= Allowance for bad debts + bad debts expense - Allowance for bad debts account as at November 30, 2019

= $13,049 + $21,058 - $9,711

= $24,396

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