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Information related-to Bee Company for 2010 is summarized below. $1,100,000 369,000 22,150 Total credit sales Accounts receivable at December 31 Bad debts written off Instructions

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Information related-to Bee Company for 2010 is summarized below. $1,100,000 369,000 22,150 Total credit sales Accounts receivable at December 31 Bad debts written off Instructions (a) What amount of bad debts expense will Bee Company report if it uses the direc method of accounting for bad debts? (b)'Assume that Bee Company decides to estimate its bad debts expense to be 2% sales. What amount of bad debts expense will Bee record if Allowance for Accounts has a credit balance of $3,000? (c) Assume that Bee Company detides to estimate its bad debts expense based on 6% o20 receivable. What amount of bad debts expense will Bee Company, record if Allo Doubtful Accounts has a credit balance of $4,000? (d) Assume the same facts-as in (c), except that there is a $2,000 debit balance in Allo Doubtful Accounts. What amount of bad debts expense will Bee record

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