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Business, 09.04.2021 01:00 nickthequick

The CHS Company has provided the following information: Accounts receivable written-off as uncollectible during the year amounted to $12,500. The accounts receivable balance at the beginning of the year was $250,000. The accounts receivable balance at the end of the year was $310,000. The allowance for doubtful accounts balance at the beginning of the year was $15,000. The allowance for doubtful accounts balance at the end of the year after the recording of bad debt expense was $13,900. Credit sales during the year totaled $950,000. How much was CHS Company's bad debt expense

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