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What would bad debt expense be for the current year

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Problem 1: At the beginning of the year, a company had $80,000 in its allowance for doubtful accounts and $9,000,000 in accounts receivable. During the year they had $23,000,000 in credit sales. By the end of the year, they had $9,700,000 in accounts receivable and believed they would not collect $92,000 of it. Assuming there were no write offs or other items to impact the allowance for doubtful accounts, what would bad debt expense be for the current year?

Reference no: EM132622599

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