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ABC Co. has the following Information before any year-end adjustment. How much is the bad debts expense for the year? Accounts receivable, Dec. 31 Allowance

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ABC Co. has the following Information before any year-end adjustment. How much is the bad debts expense for the year? Accounts receivable, Dec. 31 Allowance for doubtful accounts, Jan. 1 Percentage of receivables 600,000 18,000 (Dr.) 2% Write-offs and recoveries during the year amounted to P22,800 and P3,000, respectively. Your

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