2... As of June 30, 2014, what balances.did-P&G have in cash and cash equivalents? What were the major uses of cash during the year?. $5,947.001 3. PSG reports no allowance for doubtful accounts, suggesting that bad debt expense is not material for this company. Is it reasonable that a company like PSG would not have the material bad debt expense? Explain. DELIVERABLES 1. A 2-page Word document 2. Double-spaced, Times New Roman 12pt font 2... As of June 30, 2014, what balances.did-P&G have in cash and cash equivalents? What were the major uses of cash during the year?. $5,947.001 3. PSG reports no allowance for doubtful accounts, suggesting that bad debt expense is not material for this company. Is it reasonable that a company like PSG would not have the material bad debt expense? Explain. DELIVERABLES 1. A 2-page Word document 2. Double-spaced, Times New Roman 12pt font