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E6-17 Inferring Bad Debt Write-Offs and Cash Collections from Customers LO6-3 Microsoft develops, produces, and markets a wide range of computer software, Including the Windows

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E6-17 Inferring Bad Debt Write-Offs and Cash Collections from Customers LO6-3 Microsoft develops, produces, and markets a wide range of computer software, Including the Windows operating system. On its recent nancial statements, Microsoft reported the following Information about net sales revenue and accounts recelvable (amounts in millions) Accounts recelvable, net of allowanoos of $333 and $375 Net revenues 14,987 $ 13,014 69,943 62,484 According to its Form 10-K, Microsoft recorded bad debt expense of $14 and there were no bad debt recoveries during the current year Hint: Refer to the summary of the effects of accounting for bad debts on the Accounts Receivable (Gross) and the Allowance for Doubtful Accounts T-accounts. Use the T-accounts to solve for the missing values) Required 1. What amount of bad debts was written off during the currelt year? (Enter your anawers In millions not in dollars) Beg ba End ba

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