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BTN 7-2 As the accountant for Pure-Air Distributing, you attend a sales managers' meeting devoted to a COMMUNICATING discussion of credit policies. At the meeting,

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BTN 7-2 As the accountant for Pure-Air Distributing, you attend a sales managers' meeting devoted to a COMMUNICATING discussion of credit policies. At the meeting, you report that bad debts expense is estimated to be 559,000 IN PRACTICE P2 P3 Sid Omar, a sales manager, expresses confusion over why bad debts expense and the allowance for doubt ful accounts are different amounts. Write a one-page memorandum to him explaining why a difference in bad debts expense and the allowance for doubtful accounts is not unusual. The company estimates bad debts expense as 2% of sales

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