Current Attempt in Progress Information on Blossom Company for 2024 follows: Total net credit sales...
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Accounting
Current Attempt in Progress Information on Blossom Company for 2024 follows: Total net credit sales Accounts receivable at December 31 Uncollectible accounts written off $800,000 320,000 10,000 2,000 Amount collected on accounts previously written off (after write-off but before year end) Assume the same facts as in part (a) except that the Allowance for Doubtful Accounts had a $7,000 balance on January 1,2024. What amount of bad debt expense will Blossom record on December 31, 2024? Bad debt expense
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