What do you think is an appropriate amount

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Reference no: EM133560645

Question 1. Using an income statement approach (e.g., percentage of credit sales method), what do you think is an appropriate amount of bad debt expense and allowance for bad debts in 1999?

Question 2. Using a balance sheet approach (e.g., percentage of gross accounts receivable method), what do you think is an appropriate amount of bad debt expense and allowance for bad debts in 1999?

Question 3. Based on your analysis in questions 1 and 2, and any other information in the case that you believe is relevant, what is your team's best estimate of bad debt expense, and the allowance for bad debts in 1999?

Reference no: EM133560645

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