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please answer all parts -ErvinCompany uses the allowancenethod to account for uncollectible accountsxeceiVbl Th allown eccuntis djustedbased baddebt expense as a percentage of credit sales
please answer all parts
-ErvinCompany uses the allowancenethod to account for uncollectible accountsxeceiVbl Th allown eccuntis djustedbased baddebt expense as a percentage of credit sales Foi 2024 net credit sales totaled' $4 JOO, 04 Illahd the estimated bad debt ccountshad acredit balanceofS46,000 atthe beginning of 2024 and .$42,0Q aher adjusii :lentrie at e end of 2024 Required: *SCWhat fis bad debt expensefof2024zspercent of net credit sales? Assume Ervin makes -nootheead-ustment of bad debt expense during written off during 2024 AAfthe company would Pagl de . "t. Answer is completebutnot entirely correct, 02 untS receivable Ill) Ill!} Baddebt expense as apercentofneteditsalese TAccOunts receivable written off 3-Bad debt expense using the direct write-off method .20 4,000 - 4,000 0
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