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As of 12/31/2013, Dooley Corp. has a gross Accounts Receivable balance of $183,000. The company splits its accounts receivable into three age categories and estimates

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As of 12/31/2013, Dooley Corp. has a gross Accounts Receivable balance of $183,000. The company splits its accounts receivable into three age categories and estimates probable uncollectibility for each category: As of 12/31/2013, Dooley's Allowance for Doubtful Accounts has a credit balance of 600 before any adjusting entries. What amount of bad debt expense will Dooley recognize on its Income Statement for the period ended 12/31/2013? \$ What amount of allowance for doubtful accounts will Dooley report on its Balance Sheet as of 12/31/2013? \$

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