Murray's Drug Supply uses the allowance method to account for bad debts During 2010, the company recorded $425,000 in credit sales At the end of 2010 but belore adjustments, account balances were accounts receirable, $150.000 and allowance for uncollectble accounts, $(2,000) lfbad debt expense is estinated to be 2 0% of credz sales, he mich bad debt expense we be on the yearenaewne sateen "bad debt expense is estimated to bo 2 0% of credit sales, how much bad dett expense wabeen the yearend neame samen Begin by seleding the for mula used to calculate bad debt expense Then enter the amounts to cal datethe bad debt expe se that wil be onthe year-end income statement Ente the percent as a whole percent, X% Percent estimated uncollectible Current year bad debt expense