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View Policies Current Attempt in Progress The records of Blue Spruce Company at the end of the current year show Accounts Receivable $63,900, Credit

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View Policies Current Attempt in Progress The records of Blue Spruce Company at the end of the current year show Accounts Receivable $63,900, Credit Sales $664,200; and Sales Returns and Allowances $32,800. (a) If Blue Spruce uses the direct write-off method to account for uncollectible accounts and Blue Spruce determines that Matisse's $738 balance is uncollectible, what will Blue Spruce record as bad debt expense? Bad debt expense (b) If Allowance for Doubtful Accounts has a balance of $902 and Blue Spruce concludes bad debts are expected to be 10% of accounts receivable, what will Blue Spruce record as bad debt expense? Bad debt expense $

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