Compute the amount of accounts written off for the years, Financial Accounting

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Compute the amount of accounts written off for the years

Analysis of Allowance for Bad Debts

The Intercontinental Publishing Company follows the procedure of debiting Bad Debt Expense for 2% of all new sales. Sales for four consecutive years and year-end allowance account balances were as follows:

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Compute the amount of accounts written off for the years 20Y2, 20Y3, and 20Y4.

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Financial Accounting: Compute the amount of accounts written off for the years

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Financial Accounting: Compute the amount of accounts written off for the years

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