What amount of bad debt expense did McConnell's record in its December 31, 2021, adjustment to the allowance account?

McConnell's Bakeries had the following balances on December 31, 2021, before any adjustment: Accounts Receivable = $100,000; Allowance for Uncollectible Accounts = $4,100 (credit). McConnell's estimates uncollectible accounts based on an aging of accounts receivable as shown below:


Age Group

(days past due) Accounts

not yet due Receivable Estimated Percent Uncollectible

not yet due $ 50,000 4 %

0-30 $ 20,000 8 %

31-60 $ 18,000 10 %

More than 60 $ 12,000 40 %


What amount of bad debt expense did McConnell's record in its December 31, 2021, adjustment to the allowance account?


A) $10,200.

B) $12,800.

C) $15,300.

D) $6,100.


Answer: $6,100.


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