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Calistoga Produce estimates bad debt expense at 0.40% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $477,000 and $1,490
Calistoga Produce estimates bad debt expense at 0.40% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $477,000 and $1,490 respectively, at December 31,2023 . During 2024, Calistoga's credit sales and collections were $316,000 and $310,000, respectively, and $1.750 in accounts recelvable were written off. Calistoga's 2024 bad debt expense is: Mustiple Choice 51994 $1.409 51.264 $1.309
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