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1. The following is a portion of the current assets section of the balance sheets of Avanti's, Inc., at December 31, 2014 and 2013: 12/31/14
1. The following is a portion of the current assets section of the balance sheets of Avanti's, Inc., at December 31, 2014 and 2013:
12/31/14 | 12/31/13 | |||
Accounts receivable, less allowance for bad debts of $9,707 and $18,265, respectively | $ | 177,788 | $ | 228,952 |
Required: | |
a. | If $11,885 of accounts receivable were written off during 2014, what was the amount of bad debts expense recognized for the year? |
What is the bad debt expense? $____________________
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