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Lawson Co.s allowance for uncollectible accounts was P95,000 at the end of 2015 and P90,000 at the end of 2014. For the year ended December
Lawson Co.s allowance for uncollectible accounts was P95,000 at the end of 2015 and P90,000 at the end of 2014. For the year ended December 31, 2015, Lawson reported bad debt expense of P13,000 in its income statement. What amount did Lawson debit to the appropriate account in 2015 to write off actual bad debts?
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