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At the end of 2020, White Company had accounts receivable worth $20,000. Out of this $20,000, $2,000 was past due. White's allowance for doubtful accounts
At the end of 2020, White Company had accounts receivable worth $20,000. Out of this $20,000, $2,000 was past due. White's allowance for doubtful accounts has credit balance of $200. Based on the aging of accounts receivable method, White estimates that 1% of current accounts and 10% of accounts past due are uncollectible. What is the amount of bad debt expense of White in 2020?
Group of answer choices
$280
$80
$180
$90
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