Vaughn Manufacturing's allowance for uncollectible accounts was $190000 at the end of 2017 and $178000...

80.2K

Verified Solution

Question

Accounting

Vaughn Manufacturing's allowance for uncollectible accounts was $190000 at the end of 2017 and $178000 at the end of 2016. For the year ended December 31, 2017, Vaughn reported bad debt expense of $31000 in its income statement. What amount did Vaughn debit to the appropriate account in 2017 to write off actual bad debts?

$43000

$31000

$12000

$19000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students