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At December 31, 2022, the records of Malone Company contained the following amounts before adjustment. $180,000 Accounts Receivable Allowance for Doubtful Accounts 1,500 (a) What
At December 31, 2022, the records of Malone Company contained the following amounts before adjustment. $180,000 Accounts Receivable Allowance for Doubtful Accounts 1,500 (a) What amount of bad debt expense will Malone Company report if its aging schedule indicates that $10,200 of accounts receivable will be uncollectible. Bad debt expenses 8700 (b) During the next month, January 2023, a $2,100 account receivable is written off as uncollectible. What amount of bad debt expense will Malone Company report in January 2023 Bad debt expense $ c) Repeat part (b), assuming that Malone Company uses the direct write-off method instead of the allowance method in accounting for uncollectible accounts receivable. Bad debt expense $ 2100
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