Exercise 6-9 Your answer is partially correct. Try again. The records of Flounder Company at the end of the current year shows Accounts Receivable $79,100; Credit Sales $772,160; and Sales Returns and Allowances $43,350 (a) If Flounder uses the direct write-off method to account for uncollectible accounts and Flounder determines that Matisse's $984 balance is uncollectible, what will Flounder record as bad debt expense? Bad debt expense (b) If Allowance for Doubtful Accounts has a balance of $1,069 and Flounder concludes bad debts are expected to be 11% of accounts receivable, what will Flounder record as bad debt expense? Bad debt expense Click if you would like to Show Work for this question: Qpen Show Work