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Net credit sales already recorded in January are $109819. January 31 the accounts receivable balance is $18281. The allowance is calculated as 4% of the
Net credit sales already recorded in January are $109819. January 31 the accounts receivable balance is $18281. The allowance is calculated as 4% of the receivables balance using the percentage-of-receivables basis. If the Allowance for Doubtful Accounts has a credit balance of $129 before adjustment, the amount of bad debt expense the company will record will be $ . Enter whole numbers only (no dollar signs, decimals, commas, etc.)
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