View Policies Current Attempt in Progress The records of Concord Company at the end of the current year show Accounts Receivable $98,400. Credit Sales $1,036,800; and Sales Returns and Allowances $51.200. (a) 1 Concord uses the direct write off method to account for uncollectible accounts and Concord determines that Matisse's $1,152 balance is uncollectible, what will Concord record as bad debt expense? Bad debt expense $ (6) Allowance for Doubtful Accounts has a balance of $1,408 and Concord concludes bad debts are expected to be 10% of accounts receivable, what will Concord record as bad debt expense? Bad debt expense