Answer

9 of 18 The credit manager at MAX Company estimated that about 2% of credit sales is uncollectable. The following data were available for 2020: Allowance for doubtful accounts, 1/1/20 (Cr.)... Accounts written off during 2020. Credit sales in 2020. $ 84,000 52,000 14,000,000 The Allowance for Doubtful Accounts balance at December 31, 2020, should be: O $364.000 O $312,000 O $248.000 O $52.000 NA