At December the records of Kingbird, Inc. contained the following amounts before adjustment.
Accounts Receivable
$
Allowance for Doubtful Accounts
a What amount of bad debt expense will Kingbird, Inc. report if its aging schedule indicates that $ of accounts receivable
will be uncollectible.
Bad debt expense $
b During the next month, January a $ account receivable is written off as uncollectible. What amount of bad debt
expense will Kingbird, Inc. report in January
Bad debt expense $
c Repeat part b assuming that Kingbird, Inc. uses the direct writeoff method instead of the allowance method in accounting
for uncollectible accounts receivable.
Bad debt expense $
