Question
The following is a portion of the current assets section of the balance sheets of Avanti's, Inc., at December 31, 2014 and 2013: 12/31/14 12/31/13
The following is a portion of the current assets section of the balance sheets of Avanti's, Inc., at December 31, 2014 and 2013:
| 12/31/14 | 12/31/13 | |||
| Accounts receivable, less allowance for bad debts of $9,707 and $18,265, respectively | $ | 177,788 | $ | 228,952 |
| Required: | |
| a. | If $11,885 of accounts receivable were written off during 2014, what was the amount of bad debts expense recognized for the year? |
| Bad Debt Expense: $_____________________ |
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Accounting Information Systems
Authors: George H Bodnar, William S Hopwood
10th Edition
013609712X, 978-0136097129
