Take me to the text Your company uses the direct write-off method to account for bad debts. During 2023, you had $558,400 in credit sales. You wrote off $3,200 of accounts receivable, as those customers declared bankruptcy and notified you that they would not be able to pay the balance of their account. The ending balance of accounts receivable at year end was $27,600. Prepare the journal entry to record bad debt expense. Do not enter dollar signs or commas in the input boxes. Date Dec 31 Check Account Title and Explanation To record bad debt expense Debit Credit

Take me to the text Your company uses the direct write-off method to account for bad debts. During 2023 , you had $558,400 in credit sales, You wrote off $3,200 of accounts receivable, as those customers declared bankruptcy and notified you that they would not be able to pay the balance of their account. The ending balance of accounts receivable at year end was $27,600. Prepare the journal entry to record bad debt expense. Do not enter dollar signs or commas in the input boxes