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Here is information related to Crane Company for 2025. (a) What amount of bad debt expense will Crane Company report if it uses the direct

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Here is information related to Crane Company for 2025. (a) What amount of bad debt expense will Crane Company report if it uses the direct write-off method of accounting for Bad debts? Bad debt expense : $ (b) Assume that Crane Company uses the percentage-of-receivables basis to record bad debt expense and concludes that 4% of accounts recelvable will become uncollectible. What amount of bad debt expense will the company record if Allowance for Doubtful Accounts has acredit balance of $3,300 ? Baddebt expense (c) Assume the same facts as in part (b), except that there is a 5900 debit balance in Allowance for Doubtful Accounts. What amount of bad debt expeose will Crane record? Baddebt expense

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