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A. What amount of BAD DEBTS EXPENSE will VEROSIE, Inc. report if it uses the DIRECT WRITE-OFF METHOD of accounting for bad debts in 2023?

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A. What amount of BAD DEBTS EXPENSE will VEROSIE, Inc. report if it uses the DIRECT WRITE-OFF METHOD of accounting for bad debts in 2023? B. Assume that VEROSIE, Inc. decides to estimate its bad debts expense to be 1% of credit sales during 2023. What amount of BAD DEBTS EXPENSE will VEROSIE, Inc. record if the Allowance for Bad Debts Account has a credit balance of $2,000, before the adjustment as of December 31,2023 ? C. Assume that VEROSIE, Inc. decides to estimate its bad debts expense based on 4% of the accounts receivable balance as of December 31,2023 . What amount of BAD DEBTS EXPENSE will VEROSIE, Inc. record if the Allowance for Bad Debts Account has a credit balance of $3,000, before the adjustment, as of December 31, 2023 ? D. Assume the same fact (as of December 31, 2023) in (c), except that there is a $1,000 debit balance in Allowance for Bad Debts Account. What amount of BAD DEBTS EXPENSE will VEROSIE, Inc, record? lint: Debe presentar los cmputos e indicar la cantidad del ajuste para "Bad Debts Expense" en cada Iternativa. NO ES NECESARIO HACER LA ENTRADA DE JORNAL. AcCO III Dr. Heruinio Redriguez Princips, CPA Pag:2 Problem II - The bank statensent for LOLUAL. Company indicates a balatice of $1,730 on June 30, 2023. - The cash balance per books had a balance of $799 en June 30, 2023. - The following iaformation pertains to the bank transactions for the company. 1. Deposit of $160, representing cash reseipts of June 30, 2023, did not appear on the bank statement. 2. Outstanding chechs totalod $340. 3. Bank service charges for June 2023 amounted to $25 4. The bank collocted a note receivable for the company for $800 plus $56 interest revenve 5. A Non-Sufficient Chock (NSF Check) for $80 from a customer was retumed with the statement. Instructions: a. Prepare bank roconciliation for June 30, 2023, b. Prepare any adjusting entrics nocessary because of the bank reconciliation as of June 30, 2023. Sofation to

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