Question
The following is a portion of the current assets section of the balance sheets of Avanti's, Inc., at December 31, 2020 and 2019: 12/31/20 12/31/19
The following is a portion of the current assets section of the balance sheets of Avanti's, Inc., at December 31, 2020 and 2019:
| 12/31/20 | 12/31/19 | |||
| Accounts receivable, less allowance for bad debts of $9,494 and $17,888, respectively | $179,528 | $223,133 | ||
a. If $11,066 of accounts receivable were written off during 2020, what was the amount of bad debts expense recognized for the year?
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
8th edition
978-1118953815, 978-1118953907
