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$25,067 $25,277 QUESTION 13 Use the information below for the following two questions: Corporation had a debit balance in the allowance for doubtful accounts of
$25,067 $25,277 QUESTION 13 Use the information below for the following two questions: Corporation had a debit balance in the allowance for doubtful accounts of $8,000 as of 12/16/2020. Between 12/18/2020 and 12/31/2020. it wroteoll $10,800 of accounts receivable and collected $3,150 on Ocounts previously written off. The balance in Accounts Receivable was $360,000 at 12/31/2020. Van Dijk estimates 3 percent of accounts receivable will become uncollectible How much bad debt expense wil Van Dijk report in 20207 $27,050 $10,550 $7,400 $4,250 QUESTION 14 What will be the net realizable value (NRV) of accounts receivable on 12/31/20207 $352,950 $368,600 $369,450 $375,750
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