Earnest Ch. 7 Homework 5. 10.00 points Johnson Company uses the allowance method to account for uncollectible accounts receivable Bad debt expense is established as a percentage of credit sales For 2016, net credit sales totaled $4,600,000, and of $43,000 at the beginning of 2016 and $40,500, after adjusting entries, at the end of 2016 Required: 1. What is bad debt expense for 2016? 2. Detemine the amount of accounts receivable written oft during 2016 3. If the compary uss the drect wnite-off methaod, what would bad debt exponse be for 20162 TOSHIBA esc 2 3 4 5 tab