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As a result of a review and aging of accounts receivable in

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The following information is available for Murphy Company:

  • Allowance for doubtful accounts at December 31, 2009 $8,000
  • Credit sales during 2010 400,000
  • Accounts receivable deemed worthless and written off during 2010 9,000

As a result of a review and aging of accounts receivable in early January 2011, however, it has been determined that an allowance for doubtful accounts of $5,500 is needed at December 31, 2010. What amount should Murphy record as "bad debt expense" for the year ended December 31, 2010?

Reference no: EM13603574

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