C ur the year WUUUU Balance sheet - 360.000 Beg Balan e? 60,000 Meceivable (700,000 -650.000) = 50,000 28,000 24,000 + 4.000 Bad debt = + 22,000 4) Ward Co. estimates its uncollectable accounts expense to be 2% of credit sales. Ward's credit sales for the current year were $1 million. During the year, Ward wrote off $18,000 of uncollectable accounts. Ward's allowance for uncollectable accounts had a $15,000 balance on January 1. In its December 31st income statement, what about should Ward report as uncollectable accounts expense? An analysis and aging of Horn Company's arrunte raraivala at naramhar 2111 dierlacadh