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Current Attempt in Progress Here is information related to Morgane Company for 2022. ...

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Accounting

Current Attempt in Progress
Here is information related to Morgane Company for 2022.
\table[[Total credit sales,$1,500,000],[Accounts receivable at December 31,840,000],[Bad debts written off,37,000]]
(a) What amount of bad debt expense will Morgane Company report if it uses the direct write-off method of accounting for bad debts?
Bad debts expense $
Bad debts expense $
(c) Assume the same facts as in (b), except that there is a $1,000 debit balance in Allowance for Doubtful Accounts. What amount of bad debt expense will Morgane record?
Bad debts expense $
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