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On December 31, 2020, Easy Peasy Company has the following information in its statement of financial position for Accounts receivable: Account Receivable 20,000,000.00 Allowance for

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On December 31, 2020, Easy Peasy Company has the following information in its statement of financial position for Accounts receivable: Account Receivable 20,000,000.00 Allowance for Doubtful accounts (110,000.00) The company is using aging of accounts receivable in estimating its doubtful accounts. Not due 5,000,000.00 1%. 1-60 days past due 6,000,000.00 2% 61-180 days past due 8,000,000.00 3% More than 180 days 1,000,000.00 5%. How much is the doubtful accounts expenses to be recorded

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