Question: Problem 9-2A 2Your answer is partially correct. Try again. 6Information related to Mingenback Company for 2017 is summarized below Total credit sales Accounts receivable at

Problem 9-2A 2Your answer is partially correct. Try again. 6Information related to Mingenback Company for 2017 is summarized below Total credit sales Accounts receivable at December 31 Bad debts written off $2,571,000 830,000 32.300 What amount of bad debt expense will Mingenback Company report if it uses the direct write-off method of accounting for bad debts (a) 32300 Assume that Mingenback Company estimates its bad debt expense to be 3% of credit sales. what amount of bad debt expense will Mingenback record if it has an Allowance for Doubtful Accounts credit balance of $4.30025 (b) 72930 Assume that Mingenback Company estimates its bad debt expense based on 6% of accounts receivable, what amount of bad debt expense will Mingenback record if it has an Allowance for Doubtful Accounts credit balance of (c) $3,1002 $85700 based on 6% of accounts receivable. What amount of pad debt expense will Mingenback record if it has an Allowance for Doubtful Accounts debit balance of $3,1007 $52
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