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Question 4 At January 1, 2024, Betty DeRose, Inc. had an allowance for doubtful accounts with a $4,390 credit balance. During 2024, Betty recorded
Question 4 At January 1, 2024, Betty DeRose, Inc. had an allowance for doubtful accounts with a $4,390 credit balance. During 2024, Betty recorded $9,560 of write-offs and recorded $2,750 of recoveries of accounts receivable that had been written off in prior years. At December 31, 2024, Betty prepared the following aging schedule: not past due Accounts Receivable $150,000 X Uncollectible 1-30 days past due $ 64,000 6% 9% 31-60 days past due 61-90 days past due over 90 days past due $ 39,000 $ 47,000 $ 11,000 Calculate Betty's bad debt expense for 2024. 2% T 15% 35% 2 pts
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