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On July 1st, Bernie Co sells 40 grills to Dennis Outdoor Supply for $100/grill. Bernie expects that Dennis will only pay 96% of what he

On July 1st, Bernie Co sells 40 grills to Dennis Outdoor Supply for $100/grill. Bernie expects that Dennis will only pay 96% of what he owes. What amount of bad debt expense would Bernie record? $160 $40 $200 $4,000
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On July 1st, Bernie Co sells 40 grills to Dennis Outdoor Supply for $100/ grill. Bernie expects that Dennis will only pay 96% of what he owes. What amount of bad debt expense would Bernie record? $160 $40 $200 $4,000

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