Teeter Company began 2017 with accounts receivable of $400,000 and an allowance for uncollectible accounts of $20,000 (credit balance). Bad debt expense for the year was $33,000 and the ending balance in the allowance for uncollectible accounts account was $15,000. What was the amount of accounts receivable written off during the year?
A) $5,000
B) $38,000
C) $438,000
D) $405,000
Answer: B
Business
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