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Coronado Company provides for bad debt expense at the rate of 2% of accounts receivable. The following data are available for 2018 $11600 Allowance for
Coronado Company provides for bad debt expense at the rate of 2% of accounts receivable. The following data are available for 2018 $11600 Allowance for doubtful accounts. 1/1/18 (Cr.) Accounts written off as uncollectible during 2018 Ending accounts receivable 8900 1194000 The Allowance for Doubtful Accounts balance at December 31, 2018, should be $23880.00 $2700.00 $21180.00 $26580.00
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