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TravelToday, disclosed the following rounded amounts (in thousands) concerning the Allowance for Doubtful Accounts on its Form 10-K annual report. SCHEDULE II Valuation and Qualifying
TravelToday, disclosed the following rounded amounts (in thousands) concerning the Allowance for Doubtful Accounts on its Form 10-K annual report. SCHEDULE II Valuation and Qualifying Accounts dollars in thousands Allowance for Doubtful Accounts Balance at Beginning of Year $ 9,600 Additions Charged to Bad Debt Expense $ 4,300 4,900 1,200 Balance at End of Year Write-Offs 2012 2011 2010 $1,500 $12,400 8,600 13,100 3,900 9,600 8,600 Required: 1-a. Prepare a T-account for the Allowance for Doubtful Accounts and enter into it the 2011 amounts fronm the above schedule. The balance at the beginning of each year in the Allowance for Doubtful Accounts is a credit balance. (Enter your answers in thousands.) Allowance for Doubtful Accounts Beg. Bal End. Bal
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