Continuing with Baz corp, let's remember that at the beginning of the year, their clients owed them $2,500,000 and they had a provision for doubtful accounts of $300,000. At the end of the year, their clients owed them $2,550,000 and had a provision for doubtful accounts of $550,000. What was this year's bad debt expense?

Answer rating: 100% (QA)

To calculate the bad debt expense for the year you can use th... View the full answer