Pool Corporation, Inc., is the world’s largest wholesale
distributor of swimming pool supplies and equipment. Pool Corp.
reported the following information related to bad debt estimates
and write-offs for a recent year.
Allowance for doubtful accounts:
Balance at beginning of year $ 9,002
Bad debt expense 4,098
Write-offs (5,110 )
Balance at end of year $ 7,990
Required:
1. Prepare journal entries for the bad
debt expense adjustment and total write-offs of
bad debts for the current year.
2. Pool...