The CHS Company has provided the following information:

• Accounts receivable written-off as uncollectible during the year amounted to $13,300.
• The accounts receivable balance at the beginning of the year was $330,000.
• The accounts receivable balance at the end of the year was $390,000.
• The allowance for doubtful accounts balance at the beginning of the year was $15,800.
• The allowance for doubtful accounts balance at the end of the year after the recording of bad debt expense was $14,700.
• Credit sales during the year totaled $990,000.

How much cash was received from collections of accounts receivable?

• $976,700.

• $916,700.

• $613,300.

• $600,000.

The CHS Company has provided the following information:

• Accounts receivable written-off as uncollectible during the year amounted to $11,800.
• The accounts receivable balance at the beginning of the year was $180,000.
• The accounts receivable balance at the end of the year was $240,000.
• The allowance for doubtful accounts balance at the beginning of the year was $14,300.
• The allowance for doubtful accounts balance at the end of the year after the recording of bad debt expense was $13,200.
• Credit sales during the year totaled $915,000.

How much was CHS Company's bad debt expense?

Multiple Choice

• $13,200.

• $11,800.

• $10,700.

• $14,300.