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Farker Corp has provided the following information for 2019 (prior to any year-end bad debt adjustment): -Total Credit Sales: $450,000 -Accounts receivable, Ending balance for
Farker Corp has provided the following information for 2019 (prior to any year-end bad debt adjustment): -Total Credit Sales: $450,000 -Accounts receivable, Ending balance for 2019: $120,000 -Allowance for doubtful accounts, existing balance: $200 (debit balance) Farler Corp estimates bad debt expense as 9% of accounts receivable. How much bad debt expense should Farker Corp record in 2019? Do not use decimals or dollar signs
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