View Policies Current Attempt in Progress Information related to DeJong Company for 2019 is summarised below. Required (a) What amount of doubtful debts expense will DeJong Company report if it uses the direct write-off method of accounting for doubtful debts? (a) What amount of doubtful debts expense will DeJong Company report if it uses the direct write-off method of accounting for doubtful debts? (b) Assume that DeJong Company decides to estimate its doubtful debts expense to be 2% of credit sales. What amount of doubtful debts expense will De Jong record if Allowance for doubtful debts has a credit balance of $3,000 ? $ (c) Assume that DeJong Company decides to estimate its doubtful debts expense based on 5% of accounts receivable. What amount of doubtful debts expense will DeJong Company record if Allowance for doubtful debts has a credit balance of $4,000 ? (d) Assume the same facts as in (c), except that there is a $2,000 debit balance in Allowance for doubtful debts. What amount of doubtful debts expense will DeJong record? (c) Assume that DeJong Company decides to estimate its doubtful debts expense based on 5% of accounts receivable. What amount of doubtful debts expense will DeJong Company record if Allowance for doubtful debts has a credit balance of $4.000 ? $ (d) Assume the same facts as in (c), except that there is a $2,000 debit balance in Allowance for doubtful debts. What amount of doubtful debts expense will DeJong record? $ Hint Attempts: 0 of 1 used