Information on Oriole Company for 2021 follows: Total credit sales $990.000 Accounts receivable at December 31 39.600 Uncollectible accounts written off 13.400 Amount collected on accounts previously written off (after write off but before year end) 3.600 (a) Your answer is correct. Assume that Oriole Company decides to estimate its uncollectible accounts using the allowance method and an aging schedule. Uncollectible accounts are estimated to be $26,000. What amount of bad debt expense will Oriole Company record if Allowance for Doubtful Accounts had an opening balance of $14.500 on January 1, 2021? Bad debt expense $ 21300 e Textbook and Media Attempts: 1 of 2 used Using multiple attempts will impact your score. 50% score reduction after attempt 1 (b) Your answer is correct. Assume that Oriole Company decides to estimate its uncollectible accounts using the allowance method and estimates its bad debt expense at 2.20% of credit sales. What amount of bad debt expense will Oriole Company record if Allowance for Doubtful Accounts had an opening balance of $14,500 on January 1, 2021? Bad debt expense 21780 e Textbook and Media Attempts: 1 of 2 used Using multiple attempts will impact your score. 50% score reduction after attempt 1 (c) Assume the same facts as in part (a) except that the Allowance for Doubtful Accounts had a $7.800 balance on January 1, 2021. What amount of bad debt expense will Oriole record on December 31, 2021? Bad debt expense $ e Textbook and Media Save for Later Attempts: 0 of 2 used Submit Answer Using multiple attempts will impact your score. 50% score reduction after attempt 1