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Discuss charged to the bad debt expense account

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Alpha Company used the percentage of sales method, with an historical rate of 2% for determining their bad debt expense. During 2016, sales were $1,600,000, and the January 1 Allowance for Doubtful Accounts had a normal balance of $15,000. $17,500 of accounts were written off during the year. What are the year end dollar amounts for:

Charged to the Bad Debt Expense account

Balance for Allowance for Doubtful Accounts

Reference no: EM131807829

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