Question: Determining bad debts expense using financial disclosures LO P2 Helix reported the following information in its financial statements. Write-offs of accounts receivable were $230 in
- Determining bad debts expense using financial disclosures LO P2 Helix reported the following information in its financial statements. Write-offs of accounts receivable were $230 in the current year. Helix did not recover any write-offs. At December 31 Current Year Prior Year Accounts receivable $ 5,600 $ 4,300 Allowance for doubtful accounts 460 380 Accounts receivable, net $ 5,140 $ 3,920 Determine Bad Debts Expense for the current year.
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