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32 Calistoga Produce estimates bad debt expense at 0.30% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $490,000 and
32 Calistoga Produce estimates bad debt expense at 0.30% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $490,000 and $1,570 respectively, at December 31, 2020. During 2021, Calistoga's credit sales and collections were $335,000 and $300,000, respectively, and $1,750 in accounts receivable were written off. 5 Calistoga's final balance in its allowance for uncollectible accounts at December 31, 2021, is: points 8 02:41:06 Multiple Choice $1,710 O $730. $825. $1,475
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