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B 10 points Lawrence Inc reported not credit sales of 5480,000 for the current year. The weduled credit balance in to Allowance for Doubte Accounts

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B 10 points Lawrence Inc reported not credit sales of 5480,000 for the current year. The weduled credit balance in to Allowance for Doubte Accounts in 5950. It Lawrence estimates that 1% of not credit sales is uncollectible, Bad Debt Expense would be O Debited for 35,750 Debited for $3,850 Debited for $4,800 Credited for $4,800 OOOO 11 3 points The following Information pertains to Eskimo Inc at the end of the year Accounts Receivable $ 6100 Allowance for Doubtful Accounts 5900 CREDIT balance Credit Sales 563000 Cash Sales $39.000 Eskimo uses the percent-of-sales method and estimates 5% of credit sales are uncollectible. Calculate the ending balance of the allowance for doubtful accounts after Eskimo prepares the year-end adjusting entry for uncollectibles O $4,050 O $2.250 36.000 $3,150

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