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Flyer Company has provided the following information for 2016: 1) The allowance for doubtful accounts balance at the beginning of the year was $4,000 (credit
Flyer Company has provided the following information for 2016:
1) The allowance for doubtful accounts balance at the beginning of the year was $4,000 (credit balance).
2) The allowance for doubtful accounts balance at the end of the year (after adjusting entries) was $4,500 (credit balance).
3) Accounts receivable written-off as uncollectible during 2016 amounted to $3,000.
----How much bad debt expense did Flyer Company record in 2016? Do not use decimals or dollar signs.
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