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1 7 points In 2022, its first year of business Bubba's Bait Shop made $1,000 of credit sales. The company reported bad debt expense
1 7 points In 2022, its first year of business Bubba's Bait Shop made $1,000 of credit sales. The company reported bad debt expense of $50, and the end of the year balance in the allowance for doubtful accounts was $30. If the company collected $800 in cash, what was the balance in Accounts receivable (gross) on the balance sheet (hint after the write-off)
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