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At the end of the year, the Allowance for Doubtful Account has a $1.200 credit balance Uncollectible accounts is estimated to be 4 of sales
At the end of the year, the Allowance for Doubtful Account has a $1.200 credit balance Uncollectible accounts is estimated to be 4 of sales It net credit sales are $200,000 the adjustment record bad debts for the period wilsoquite a O A debit to Bed Debts Expence for $6,800 OB. credit to Allowance for Doubtful Accounts for $6,000 OC. debit to Bad Debt Expense for 59,200 OD credit to Allowance for Doubtful Accounts for $8.000
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