a.Bad debts written off
b.Bad debt expense
Requirement 2: Suppose that TLC had used the direct write-off method to account for bad debts, calculate the accounts receivable information that would be included in the 2015 year-end balance sheet.
Requirement 2B: Suppose that TLC had used the direct write-off method to account for bad debts, calculate the amount of bad debt expense that TLC would include in its 2015 income statement.
Bad debt expense
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