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

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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