The Allowance for Bad Debts account had a balance of $5,300 at the beginning of the year

Question:

The Allowance for Bad Debts account had a balance of $5,300 at the beginning of the year and $6,100 at the end of the year. During the year (including the year-end adjustment), bad debts expense of $9,400 was recognized.

Required:

Calculate the total amount of past-due accounts receivable that were written off as uncollectible during the year.

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...