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Account receivable at the beginning of the year is as follows:
Accounts Receivable, 400
Credit sales during year: 1,500
Allowance for uncollectable accounts: 2,500
Cash collections from customers: 1,450
Accounts receivable written off during year: 1,600
Use direct write-off method. Calculate bad debts expense for the year.
The company estimates bad debt expense at 1% of credit sales. Calculate bad debt expense for the year, and the year-end balance in the allowance account.
The company estimates bad debt expense at 12% of year-end balance in account receivables, calculate the bad debt expense for the year and the year-end balance in the allowance account.

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