On december 31, 2018, larry's used cars had balances in accounts receivable and allowance for uncollectible accounts of $75,000 and $1,250, respectively. during 2019, larry's wrote off $2,175 in accounts receivable and determined that there should be an allowance for uncollectible accounts of $5,150 at december 31, 2019. bad debt expense for 2019 would be:

Bad debt expense for 2019 would be $6,075

Explanation:

We know that,

Ending balance of Allowance for Uncollectible Accounts = Beginning balance of Allowance for Uncollectible Accounts + 2019 bad debts - 2019 write off amount

$5,150 = $1,250 + 2019 bad debts - $2,175

$5,150 = -$925 + 2019 bad debts

So,2019 bad debts = $5,150 + $925 = $6,075

We do not consider the beginning balance of the accounts receivable

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o