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namic, Inc. had credit sales of $680,000 for March. Accounts receivable of $9,000 were determined to be worthless nd were written off during March. Accounts
namic, Inc. had credit sales of $680,000 for March. Accounts receivable of $9,000 were determined to be worthless nd were written off during March. Accounts receivable total $524,000 at March 31. Management feels that based on past Experience, approximately 3% of net credit sales will prove to be uncollectible. ng Dynamic, Inc. uses the income statement approach lan allowance method) to account for uncollectible accounts, uncollectie 5 expense for March is
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