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Vaststrom Company had the following data for the year. Accounts receivable, beginning of year............................. $150,000 Allowance for bad debts, beginning of year........................... 30,000 Cash collected
Vaststrom Company had the following data for the year. Accounts receivable, beginning of year............................. $150,000 Allowance for bad debts, beginning of year........................... 30,000 Cash collected from credit customers.................................. 830,000 Credit sales for the year....................................................... 868,000 Accounts receivable, end of year......................................... 186,000 Allowance for bad debts, end of year.................................... 53,000 What was Vaststrom Companys BAD DEBT EXPENSE for the year? Write the dollar amount of your answer. (Do not write the dollar sign.)
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