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2. You are given the following data on Dec 31,2020: Accounts Receivable ending balance is $50,000. unadjusted balance of Allowance for Uncollectible Accounts is
2. You are given the following data on Dec 31,2020: Accounts Receivable ending balance is $50,000. unadjusted balance of Allowance for Uncollectible Accounts is a debit of $300 the company estimates 5% of the accounts receivable will not be collected. The amount of bad debt expense recorded on December 31 will be: a. 2,500 b. 2,800 c. 2,200 d. 2,000
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