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Determining bad debts expense using financial disclosures LO P2
Helix reported the following information in its financial statements. Write-offs of accounts receivable were $340 in the current year. Helix did not recover any write-offs.
At December 31 Current Year Prior Year
Accounts receivable $ 7,800 $ 5,400
Allowance for doubtful accounts 680 490
Accounts receivable, net $ 7,120 $ 4,910
Determine Bad Debts Expense for the current year.
Answers: 2
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Determining bad debts expense using financial disclosures LO P2
Helix reported the following infor...
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