Eiercicio 1: Direct Method $52,000 Accounts Receivable $52,000 Allowance Method Allowance for bad debts $52,000 Accounts Receivable $52,000 4/10 Direct Method Bad debts expense $6,400 Accounts Receivable- Mario Guzman $6.400 6/12 Direct Method Cash $1,500 Accounts Receivable- Margarita Rodriguez $1,500 Bad debts expense $8,500 Accounts Receivable- Margarita Rodriguez $8.500 8/20 Direct Method Accounts Receivable- Mario Guzman $6.400 Bad Debts expense $6,400 Cash $6,400 Accounts Receivable- Mario Guzman $6,400 12/31 Direct Method I Bad Debts expense $18,970 Accounts Receivable- Ricardo Vega $3,200 Accounts Receivable- Mariela Gutierrez $2,440 Accounts Receivable- Manuel Rosario $6,200 Accounts Receivable- Jorge Camacho $1,800 Accounts Receivable- Linda Ocasio $5,330