. Greenway Corporation estimates bad debt expense using the percentage of accounts receivable methods At the end of the year, Greenway has $450,000 in accounts receivable and a $4,000 debit in its allowance for doubtful accounts before any entry is made for bad debts. Sales for the year were $1.9 million. The percentage that Greenway has historically used to calculate bad debts is 1 percent of accounts receivable. Which of the following is true? . Greenway Corporation estimates bad debt expense using the percentage of accounts receivable methods At the end of the year, Greenway has $450,000 in accounts receivable and a $4,000 debit in its allowance for doubtful accounts before any entry is made for bad debts. Sales for the year were $1.9 million. The percentage that Greenway has historically used to calculate bad debts is 1 percent of accounts receivable. Which of the following is true