Answer:
The estimated Bad Debt Expense for the current year is $5860
Step-by-step explanation:
Wheeling Inc. uses the aging of accounts receivable method to estimated Bad Debt Expense for the current year is as follows;
Uncollected receivables = $5300
Doubtful Accounts = $560
Bad Debt Expense for the current year = Uncollected receivables + Doubtful Accounts
Bad Debt Expense for the current year = $5300 + $560
Bad Debt Expense for the current year = $5,860.