nstructions Question 12 ABC Company begins a new accounting period each month ABC Company began operations January 1, Year 1. and collected $3,000 on account 1 pts In January, ABC Company had $10,000 cash sales $15,000 sales on account During February, ABC Company had $25,000 cash sales. $32.000 sales on account and collected $21,000 on account ABC Company estimates delinquent accounts using the Percent of Revenue method. ABC Company estimates Bad Debe Expense to be 10% What is the January ending balance of Bad Debt Allowance $1,300 $1200 $2200 82500 1 Q tab 2 2 caps lock A shift < control M 13 RE P Modifice Av J " 4 25 % 4 6 6 er 7 8 9 E R T Y U S x N D r option * command C F G H J K < B N M C