P9.2 (LO 2), AP Writing Here is information related to Mingenback Company for 2022. Total credit sales $2,500,000 Accounts receivable at December 31 875,000 Uncollectibles written off 33,000 Instructions a. What amount of bad debt expense will Mingenback Company report if it uses the direct write-off method of accounting for uncollectibles? b. Assume that Mingenback Company uses the percentage-of-receivables basis to record bad debt expense and concludes that 6% of accounts receivable will become uncollectible. What amount of bad debt expense will Mingenback record if Allowance for Doubtful Accounts has a credit balance of $3,000? b. Bad debt expense $49,500 C. Assume the same facts as in (b), except that there is a $3,000 debit balance in Allowance for Doubtful Accounts. What amount of bad debt expense will Mingenback record? d. What is the weakness of the direct write-off method of recording bad debt expense? Journalize entries to record transactions related to bad debts. holon is an aging schedule for Halleran Company at a