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Estimating Uncollectible Accounts and Reporting Receivables over Multiple Periods Barth Company, which has been in business for three years, makes all of its sales on
Estimating Uncollectible Accounts and Reporting Receivables over Multiple Periods Barth Company, which has been in business for three years, makes all of its sales on credit and does not offer cash discounts. Its credit sales, customer collections, and write-offs of uncollectible accounts for its first three years follow. Accounts Year Sales Collections Written Off 2015 $1,502.000 $1,466.000 $10,600 2016 1,752.000 1,728,000 1,500 2017 1,911,00 1.876 000 13,000 Barth uses the allowanre method of recognizing credit losses that provides for such Insses at the rate of 1% of sales. (This means the allowance account is increased hy 1 of credit sales regardless of any write-offs and unused balances.) What amount for accounts receivable (gross) is reported on its balance sheet at the end of 2017? s Whallulalarnuunt ul bad debis expense supears on its income statement for each of the three years? 2015 S 2016 S 2017 S Whal amount for allowance ur uncollectible accounts is reported on its balance sheet at the end of 2017
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