The Accounts Receivable balance for Arbor Corporation as of December 31, 2023 is $2,100,000. Before calculating and recording 2023 bad debt expense, the Allowance for Doubtful Accounts has a credit balance of $15,000. Arbor Corporation's aging analysis as of December 31, 2023 shows the following: Current 1,700,000 2% 1-60 days past due 200,000 15% 61-120 days pas due 100,000 40% 121-180 days past due 100,000 70% "Bad Debt Expense" on Arbor Corporation's 2023  what will be Income Statement ?

Answer rating: 100% (QA)

Heres what the Bad Debt Expense line item will look like on Arbor Corporations 202... View the full answer