How much was chs company bad debt expense

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Problem - The CHS Company has provided the following information:

  • Accounts receivable written-off as uncollectible during the year amounted to $11,500.
  • The accounts receivable balance at the beginning of the year was $150,000.
  • The accounts receivable balance at the end of the year was $210,000.
  • The allowance for doubtful accounts balance at the beginning of the year was $14,000.
  • The allowance for doubtful accounts balance at the end of the year after the recording of bad debt expense was $12,900.
  • Credit sales during the year totaled $900,000.

How much was CHS Company's bad debt expense?

Reference no: EM131720339

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