Question: Please help with solution! Here is information related to Freeman Company for 2014. What amount of bad debt expense will Freeman Company report if it

 Please help with solution! Here is information related to Freeman CompanyPlease help with solution!

Here is information related to Freeman Company for 2014. What amount of bad debt expense will Freeman Company report if it uses the direct write-off method of accounting for bad debts? Bad debts expense $ Assume that Freeman Company decides to estimate its bad debt expense based on 4% of accounts receivable. What amount of bad debt expense will the company record if Allowance for Doubtful Accounts has a credit balance of $3,000? Bad debts expense $ Assume the same facts as in part (b), except that there is a $1,000 debit balance in Allowance for Doubtful Accounts. What amount of bad debt expense will Freeman record? Bad debts expense $

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