At December 31, 2017, the records of Malone Company contained the following amounts before adjustment. Accounts Receivable

Question:

At December 31, 2017, the records of Malone Company contained the following amounts before adjustment.
Accounts Receivable ..................................$180,000
Allowance for Doubtful Accounts.......................1,500
Instructions
(a) What amount of bad debt expense will Malone Company report if its indicates that $10,200 of will be uncollectible?
(b) During the next month, January 2018, a $2,100 account receivable is written off as uncollectible. What amount of bad debt expense will Malone Company report in January 2018?
(c) Repeat part (b), assuming that Malone Company uses the direct write-off method instead of the allowance method in accounting for uncollectible What are the advantages of using the allowance method in accounting for uncollectible accounts as compared to the direct write-off method?
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