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Business, 09.04.2020 17:05 mason3870

Clark Company estimated the net realizable value of its accounts receivable as of December 31, 2014, to be $180,000 based on an aging schedule of accounts receivable. Clark has also provided the following information: the accounts receivable balance on December 31, 2014 was $193,000. Uncollectible accounts receivable written-off during 2014 totaled $13,500. the allowance for doubtful accounts balance on January 1, 2014 was $18,000. How much is Clark's 2014 bad debt expense? a. $13,000 b. $4,500 c. $17,500 d. $8,500

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