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Clearwater Co. reported sales revenue of $5,400 in its income statement for the year ended December 31, 2019, The Accounts Receivable account decreased from $1300

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Clearwater Co. reported sales revenue of $5,400 in its income statement for the year ended December 31, 2019, The Accounts Receivable account decreased from $1300 to $1,200 during 2019. The Allowance for Uncollectible Accounts decreased by $250 during 2019. Cash collected from customers was $5,000 Clearwater Co uses the allowance method for recording bad debts write-offs and year-end estimates are properly recorded Bad Debt Expense for 2019 was 92 5650 b $150 $50 od $250 O 51.050

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