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At the end of the year 2016, Wardell Co. has the following account balances before the adjusting entry for uncollectible accounts is recorded: Accounts receivable

At the end of the year 2016, Wardell Co. has the following account balances before the adjusting entry for uncollectible accounts is recorded: Accounts receivable = $210,000; Allowance for uncollectible accounts = $15,000 (credit). Uncollectible accounts are estimated to be 20% of year-end accounts receivable.

How much is reported on the income statement for Bad Debt Expense?

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