Chled. Exam Sava HUL Credit Sales Accounts Payable Accounts Receivable Allowance for Uncollectible Accounts Cash Sales $20,000 10,000 8, 100 400 credit 20,000 Lightning uses the aging method and estimates it will not collect 7% of accounts receivable not yet due, 11% of receivables up to 30 days past due, and 49% of receivables greater than 30 days past due. The accounts receivable balance of $8,100 consists of $4,500 not yet due, $2.000 up to 30 days past due, and $1,600 greater than 30 days past due. What is the appropriate amount of Bad Debt Expense? Multiple Choice $400 $760 o $220 $919