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The following is a portion of the current assets section of the balance sheets of Avanti's, Inc., at December 31, 2020 and 2019: Accounts
The following is a portion of the current assets section of the balance sheets of Avanti's, Inc., at December 31, 2020 and 2019: Accounts receivable, less allowance for bad debts of $9,910 and $19,347, respectively 12/31/20 12/31/19 $175,307 $221,497 Required: a. If $11,060 of accounts receivable were written off during 2020, what was the amount of bad debts expense recognized for the year? (Hint: Use a T-account model of the Allowance account, plug in the three amounts that you know, and solve for the unknown.) Bad debt expense
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