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The records of Grouper Company at the end of the current year show Accounts Receivable...

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Accounting

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The records of Grouper Company at the end of the current year show Accounts Receivable $74,400, Cred it 5 ales $777,600; and 5 aies Returns and Allowances $38,400. (a) If Grouper uses the direct Write-olf method to account for uncollectible accounts and Grouper determines that Matisse's $864 balance is uncollectible, what will Grouper record as bad debt expense? Bad debt expense (b) If Allowance for Doubtful Accounts has a balance of $1.056 and Grouper concludes bad de bis are expected to be 10N of accounts receivable, what will Grouper record as tiad debtexpense? Bad deht expense

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