exercise 7-7 (algo) determining bad debts expense using financial disclosures lo p2 helix reported the following information in its financial statements. write-offs of accounts receivable were $250 in the current year. helix did not recover any write-offs. at december 31current yearprior year accounts receivable$ 6,000$ 4,500 allowance for doubtful accounts500400 accounts receivable, net$ 5,500$ 4,100 determine bad debts expense for the current year.
