The records of Concord Company at the end of the current year shows Accounts Receivable $85,400; Credit Sales $833,970; and Sales Returns and Allowances $36,680.

(a)If Concord uses the direct write-off method to account for uncollectible accounts and Concord determines that Matisse's $949 balance is uncollectible, what will Concord record as bad debt expense?

Bad debt expense$

(b)If Allowance for Doubtful Accounts has a balance of $1,206 and Concord concludes bad debts are expected to be9% of accounts receivable, what will Concord record as bad debt expense?

Bad debt expense$