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Compile bad debt amon 023 P9-2A Information related to Mingenback Company for 2017 is summary Total credit sales $2.500.000 Accounts receivable at December 31 875.000
Compile bad debt amon 023 P9-2A Information related to Mingenback Company for 2017 is summary Total credit sales $2.500.000 Accounts receivable at December 31 875.000 Bad debts written off 33.000 Instructions (a) What amount of bad debt expense will Mingenback Company report to direct write-off method of accounting for bad debts? (b) Assume that Mingenback Company estimates its bad debt expense to be sales. What amount of bad debt expense will Mingenback record if it has allow for Doubtful Accounts credit balance of $4,000
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