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1. Waterway Company's unadjusted trial balance at December 31, 2020, included the following accounts. ckl Ely-a ku. Debit Credit Accounts receivable $56,900 Allowance for
1. Waterway Company's unadjusted trial balance at December 31, 2020, included the following accounts. ckl Ely-a ku. Debit Credit Accounts receivable $56,900 Allowance for doubtful accounts 7,210 Net sales $1,247,900 Waterway Company estimates uncollectible accounts will be 7% of gross accounts receivable. Determine its bad debt expense for 2020. Bad debt expense for 2020 2. An analysis and aging of Wildhorse Corp. accounts receivable at December 31, 2020, disclosed the following Amounts estimated to be uncollectible $ 180,370 IDi Accounts receivable 1,759,400 Betail ND) at Allowance for doubtful accounts (per books) 125,570
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