Short Answer
At the beginning of 2010, Kacie Corp.'s allowance for doubtful accounts is $9,000.During 2010, $7,000 was written off as uncollectible.At December 31, the company used an aging schedule of accounts receivable and determined that $8,000 of the accounts receivable would probably be uncollectible.Calculate bad debts expense to be reported on Kacie's 2010 income statement.
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