Allowance for Doubtful Accounts

Trinitron Inc. had a balance of $32,000 in the Allowance for Doubtful Accounts and a balance of $650,000 in Accounts Receivable on the 1/1/18balance sheet. During 2018, the company wrote off $16,700 of accounts and recovered $6,200 on accounts that had been previously written off. The balance in Accounts Receivable was $730,000 at 12/31/18at which time the company estimates that 6% of accounts receivable will prove to be uncollectible. Trinitron would report ____ as the 2018Bad Debt Expense.Estimated Allowance for doubt ful accounts needed at the end of year =Estimated Allowance for doubt ful accounts needed at the end of year =Balance in Allowance for doubt ful accounts before…

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