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Green Produce estimates bad debt expense at 0.40% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $480,000 and $1,630

Green Produce estimates bad debt expense at 0.40% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $480,000 and $1,630 respectively, at December 31, 2020. During 2021, Green's credit sales and collections were $328,000 and $315,000, respectively, and $1,840 in accounts receivable were written off. Green's final balance in its allowance for uncollectible accounts at December 31, 2021, is:

Multiple Choice

  • $1,752.

  • $1,007.

  • $1,102.

  • $1,987.

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