12 ABC Company begins a new accounting period each month 1pts ABC Company began operations January 1. Year 1. In January, ABC Company had $10,000 cash sales, $15.000 sales on account and collected $3,000 on account During February, ABC Company had $25,000 cash sales, $32.000 sales on account and collected $21,000 on account ABC Company estimates delinquent accounts using the Percent of Revenue method ABC Company estimates Bad Debt Expense to be 10% What is the January ending balance of Bad Debt Allowance $1,000 $1200 891.000 1230 Previsan esc 1 41 di MacBook Air - 31 81 Next 5 ^ 6 6 47 7 8 69 0 R T Y U 1 0 2 M " 10 3. E $ 4 tab Q caps lock shift A S D LL GH J K L C V B N M Z X 2 H command fn