Exercise 6-9 The records of Whispering Winds Company at the end of the current year...
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Accounting
Exercise 6-9 The records of Whispering Winds Company at the end of the current year shows Accounts Receivable $82,200; Credit Sales $835,490; and Sales Returns and Allowances $39,630 (a) If Whispering Winds uses the direct write-off method to account for uncollectible accounts and Whispering Winds determines that Matisse's $821 balance is uncollectible, what will Whispering Winds record as bad debt expense? Bad debt expense (b) If Allowance for Doubtful Accounts has a balance of $1,204 and Whispering Winds concludes bad debts are expected to be 11% of accounts receivable, what will Whispering Winds record as bad debt expense? Bad debt expense s
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