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Assume the following information for marin corp. accounts receivable (beginning balance) $136,000 allowance for doubtful accounts (beginning balance) 11,480 net credit sales 938,000 collections 905,000
Assume the following information for marin corp. accounts receivable (beginning balance) $136,000 allowance for doubtful accounts (beginning balance) 11,480 net credit sales 938,000 collections 905,000 write-offs of accounts receivable 5,000 collections of accounts previously written off 1,900 uncollectible accounts are expected to be 8% of the ending balance in accounts receivable. What is the bad expense? Allowance for doubtful accounts
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