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Beginning accounts receivable 165,000 Beginning allowance for doubtful accounts 5,780 Sales 2,190,000 Collections on account Accounts written off Collections of accounts previously written off 1892,000
Beginning accounts receivable 165,000 Beginning allowance for doubtful accounts 5,780 Sales 2,190,000 Collections on account Accounts written off Collections of accounts previously written off 1892,000 10.350 3.520 Current balance of bad debt expense Uncollectible accounts as a percentage of receivables 3% The accountant for Company A generated the above information. Using the balance sheet approach, what is the ending balance of bad debt expense for the year
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