Question
At December 31, 2022, the records of Bramble Corp. contained the following amounts before adjustment. Accounts Receivable $190,800 Allowance for Doubtful Accounts 1,590 (a) What
At December 31, 2022, the records of Bramble Corp. contained the following amounts before adjustment.
Accounts Receivable | $190,800 | |
Allowance for Doubtful Accounts | 1,590 |
(a) | What amount of bad debt expense will Bramble Corp. report if its aging schedule indicates that $10,812 of accounts receivable will be uncollectible. |
Bad debt expense $enter bad debt expense in dollars |
(b) | During the next month, January 2023, a $2,226 account receivable is written off as uncollectible. What amount of bad debt expense will Bramble Corp. report in January 2023? |
Bad debt expense $enter bad debt expense in dollars |
(c) | Repeat part (b), assuming that Bramble Corp. uses the direct write-off method instead of the allowance method in accounting for uncollectible accounts receivable. |
Bad debt expense $enter bad debt expense in dollars |
Asking for Part (b)
Your answer is partially correct. At December 31, 2022, the records of Bramble Corp. contained the following amounts before adjustment. Accounts Receivable $190,800 Allowance for Doubtful Accounts 1,590 (a) What amount of bad debt expense will Bramble Corp.report if its aging schedule indicates that $10,812 of accounts receivable will be uncollectible. Bad debt expense $ 9222 (b) During the next month, January 2023, a $2,226 account receivable is written off as uncollectible. What amount of bad debt expense will Bramble Corp. report in January 2023? Bad debt expense $ (c) Repeat part (b), assuming that Bramble Corp. uses the direct write-off method instead of the allowance method in accounting for uncollectible accounts receivable. Bad debt expense $ 2226Step by Step Solution
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