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Vlada [557]
3 years ago
7

Upon completing an aging analysis of accounts receivable, the accountant for Rosco Works prepared an aging of accounts receivabl

e and estimated that $6,300 of the $99,300 accounts receivable balance would be uncollectible. The allowance for doubtful accounts had a $530 debit balance at year-end prior to adjustment. What is the amount of bad debt expense
Business
1 answer:
alisha [4.7K]3 years ago
6 0

Answer:

the bad debt expense is $6,830

Explanation:

The computation of the bad debt expense is shown below:

= Estimated uncollectible amount + debit balance of allowance for doubtful accounts

= $6,300 + $530

= $6,830

Hence, the bad debt expense is $6,830

We simply added the above amount as it represent the bad debt amount

The same is to be considered  

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