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Exercise 6-9 The records of Riverbed Company at the end of the current year shows Accounts Receivable $80,600; Credit Sales $739,810; and Sales Returns and

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Exercise 6-9 The records of Riverbed Company at the end of the current year shows Accounts Receivable $80,600; Credit Sales $739,810; and Sales Returns and Allowances $38,600 (a) If Riverbed uses the direct write-off method to account for uncollectible accounts and Riverbed determines that Matisse's $957 balance is uncollectible, what will Riverbed record as bad debt expense? Bad debt expense (b) If Allowance for Doubtful Accounts has a balance of $1,170 and Riverbed concludes bad debts are expected to be 10% of accounts receivable, what will Riverbed record as bad debt expense? Bad debt expenses

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