23. Using the following information: Accounts receivable Allowance Cash realizable value 12/31/20 $40800. $519000 O $4800. O $8850. O $4050. (36000 ) During 2021, sales on account were $144500 and collections on account were $98600. Also during 2021, the company wrote off $4050 in uncollectible accounts. An analysis of outstanding receivable accounts at year end indicated that uncollectible accounts should be estimated at $40800. $483000 Bad debt expense for 2021 is

Using the following information: During 2021, sales on account were $144500 and collections on account were $98600. Also during 2021 , the company wrote off $4050 in uncollectible accounts. An analysis of outstanding receivable accounts at year end indicated that uncollectible accounts should be estimated at $40800. Bad debt expense for 2021 is $40800. $4800. $8850. $4050