Business, 06.05.2020 17:06 avahrider1

As of January 1, 2021, Barley Co. had a credit balance of $532,000 in its allowance for uncollectible accounts. Based on experience, 2% of Farley’s gross accounts receivable have been uncollectible. During 2021, Farley write off $662,000 of accounts receivable. Barley’s gross accounts receivable as December 31, 2021 is $18,600,000. How much bad debt expense should Barley record for 2021

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As of January 1, 2021, Barley Co. had a credit balance of $532,000 in its allowance for uncollectibl...

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