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A Co. had cost of Goods Sold 4,000 and made 3,000 in Gross Profit ( Gross Margin) for 2019. The Co. began 2019 with a
A Co. had cost of Goods Sold 4,000 and made 3,000 in Gross Profit ( Gross Margin) for 2019. The Co. began 2019 with a 2, 100A / R and ended with a 1,200 A/R balance. The Allowance had a 4,000 beginning balance and had 500 in Bad Debt. The 2019. 7, 500 was collected from customers in 2019. What was the ending balance in the Allowance account (12/31 / 19) ?
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