P581? The following information relates to Benson Ltd for Enid. Total credit sales $250 [IUD Accounts receivable at 31 December 2D16 5? EDD Bad debts written off 3 {:25 Required {a} What amount of bad debts expense will Benson Ltd report if it uses the direct write-off method of accounting for bad debts? [bi Assume that Benson Ltd decides to estimate its bad debts expense based on 5% of accounts receivable. What amount of bad debts expense will the business record if it has an Allowance for Doubtful Debts credit balance of $2 D'DD at 31 December 2015? [c] Assume the same facts as in part {b}. except that there is a debit balance of $1 433 in Allowance for Doubtful Debts. What amount of bad debts expense will Benson Ltd reoord? [dl What is the weakness of the direct write-off method of reporting bad debts expense