The Allowance for Bad Debts Account Had a Balance of $20,400

question 46

Essay

The Allowance for Bad Debts account had a balance of $20,400 at the beginning of the year and $24,500 at the end of the year.During the year (including the year-end adjustment), bad debts expense of $33,600 was recognized.
Required:
Calculate the total amount of past-due accounts receivable that were written off as uncollectible during the year.(Hint: Make a T-account for the Allowance for Bad Debts account, plug in the amounts that you know, and solve for the missing amount.)

---

Definitions:

Sleep Aid

Products or practices that facilitate the onset of sleep or improve the quality of sleep, including medications, natural remedies, or behavioral techniques.

Opium

Substance derived from the opium poppy from which all narcotic drugs are derived.

Narcotics

Drugs that relieve pain and induce sleep, often used medically for pain relief, but can be subject to misuse and addiction.

Psychoactive Drugs

Substances that affect the mind, altering mood, perception, or brain function.