question 17

17. Uncollectible Receivables LO Carnes Inc. reported the following information in its latest annual report Allowance for bad debts, beginning Bad debt expense for the year Accounts receivable written off during the year 1,775 325 256 Required Determine which method of accounting for bad debts Carnes uses, record all journal entries associated with the allowance account for the year, and determine the ending balance in the allowance account