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Information related to Wildhorse Company for 2019 issummarized below. Total credit sales $2,419.000 Accounts receivable at December 31 845.000 Bad debts written off 34.900 (a)

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Information related to Wildhorse Company for 2019 issummarized below. Total credit sales $2,419.000 Accounts receivable at December 31 845.000 Bad debts written off 34.900 (a) What amount of bad debt expense will ichorse Company report it uses the direct write-off method of accounting for bad debts? tbl Assume that Wildhorse Company estimates its bad debt opense based on 5% of accounts receivable. What amount of bad debt expense wilt Wildhorse record it has an Alowance for Doubtful Accounts credit balance of $3,000 Assume that Wildhorse Company estimates its bad debt expense based on 5% of accounts receivable. What amount of bad debt expense will Wildhorse record it has an Allowance for Doubtful Accounts debit balance of $3,000? 39250

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