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At the end of the year $12,000 of company's accounts is estimated to be uncollectible (aka allowance for doubtful accounts). At the end of
At the end of the year $12,000 of company's accounts is estimated to be uncollectible (aka allowance for doubtful accounts). At the end of the period, accounts receivable balance has $34,000. Last year bad debt expense was $3,600. At the end of the period, the company expect to collect from customers (A/R net): O $34,000 O $22,000 O $25,600 O $8,400
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