Using the aging method of accounts receivable method, $5,800 of the company’s accounts receivable are estimated to be uncollectible. at the end of the year, the balance of accounts receivable is $108,000 and the unadjusted credit balance of the allowance for doubtful accounts is $660. credit sales during the year totaled $166,000. what is the current year’s bad debt expense?

$5,140

Explanation:

Data provided in the question:

Uncollectible Accounts receivable = $5,800

Balance of Accounts Receivable = $108,000

Allowance for Doubtful Accounts = $660

Credit sales during the year = $166,000

Now,

Bad debt expense = Uncollectible Receivables - Allowance of doubtful debts

or

Bad debt expense = $5,800 - $660

or

Bad debt expense = $5,140

x=3

step-by-step explanation:

this is really simple i saw that there was only one term (5x) and thought if that was 15 what would i have to multiply everything else to get it there? well if 5x became 15 then x would have to be 3 so plug the 3 in the x for the other equations and you get 15 for the other ones. so there you go. : )

it is d i just took the test