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13) The following information is from the records of Chicago Photography: Accounts Receivable, December 31, 2019 Allowance for Bad Debts, December 31, 2019 prior to
13) The following information is from the records of Chicago Photography: Accounts Receivable, December 31, 2019 Allowance for Bad Debts, December 31, 2019 prior to adjustment Net credit sales for 2019 Accounts written off as uncollectible during 2019 700 (debit) 91,000 400 Bad debts expense is estimated by the aging-of-receivables method. Management estimates that $2950 of accounts receivable will be uncollectible. Calculate the amount of net accounts receivable after the adjustment for bad debts A) $19,950 B) $20,350 C)$21,050 D) $21,750
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