The following information is from the records of Armadillo Camera Shop
Accounts receivable, December 31, 2017 $81,000 (debit)
Net credit sales for 2017 163,000
Accounts written off as uncollectible during 2017 16,000
Cash sales during 2017 45,000
The company uses the direct write-off method for bad debts. What is the amount of bad debts expense?
A) $81,000
B) $45,000
C) $66,000
D) $16,000
D
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