Teeter Company began 2022 with accounts receivable of $400,000 and an allowance for uncollectible accounts of $26,000 (credit balance). Bad debt expense for the year was $39,000 and the ending balance in the allowance for uncollectible accounts account was $12,000. What was the amount of accounts receivable written off during the year? A. $53,000 B. $414,000 C. $14,000 D. $453,000

Teeter Company began 2022 with accounts receivable of $400,000 and an allowance for uncollectible accounts of $26,000 (credit balance). Bad debt expense for the year was $39,000 and the ending balance in the allowance for uncollectible accounts account was $12,000. What was the amount of accounts receivable written off during the year? A. $53,000 B. $414,000 C. $14,000 D. $453,000

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter9: Accounting For Receivables

Section: Chapter Questions

Problem 12Q: Berry Farms has an accounts receivable balance at the end of 2018 of $425,650. The net credit sales...

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