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Jones Company uses the percentage of sales method to estimate uncollectible accounts. It estimates that 1% of credit sales will be uncollectible. What is the

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Jones Company uses the percentage of sales method to estimate uncollectible accounts. It estimates that 1% of credit sales will be uncollectible. What is the estimated bad debt expense? $180 $1, 800 $80 $800 Jones Company uses the percentage of sales method to estimate uncollectible accounts. It estimates that 2% of credit sales will be uncollectible. Credit sales for the period are $10,000. What is the estimated bad debt expense? $0 $20 $200 $2,000

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