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    Trinhngo's Avatar
    Trinhngo Posts: 1, Reputation: 1
    New Member
     
    #1

    Oct 13, 2014, 08:57 AM
    Accounting
    Odaine Inc.’s footnotes had the following line item:
    12/31/2012 12/31/2011
    Allowance for Doubtful Accounts $800 $650
    Odaine also disclosed that Bad Debt Expense was $1000 in 2012 and $890 in 2011. There were no recoveries of previously-written off accounts in either year. What were total write-offs of uncollectable accounts for the year ended 12/31/2012?

    $110
    $1,150
    $150
    $850
    $800
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
    Ultra Member
     
    #2

    Oct 21, 2014, 04:09 PM
    The difference between the two provisions is $150 the year in question is 2012 so ignoring extraneous data the answer is $1,150

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