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In 2021 Keliso Co. had credit sales of $1800000 and sales returns related to these sales of $150000. Its comparative balance sheet at December 31,

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In 2021 Keliso Co. had credit sales of $1800000 and sales returns related to these sales of $150000. Its comparative balance sheet at December 31, 2021 showed the following: Accounts receivable Less: Allowance for doubtful accounts Carrying amount 2021 $800000 72000 $728000 2020 $675000 65000 $610000 Keliso's receivable turnover for 2021 is 2.24 2.44 2.47 O 269

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