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please post only answer, no need to explain Urban Beat Real Estate reported the following information for 2020 E (Click the icon to view the

image text in transcribedplease post only answer, no need to explain
Urban Beat Real Estate reported the following information for 2020 E (Click the icon to view the information.) 1. If uncollectible accounts are determined by the percent of sales method to be 4 percent of not credit sales, what is the bad debt expense for 2020? 2. If uncollectible accounts are determined by the aging of receivables to be $3,500, what is the amount of net accounts receivable after adjusting entries for 2020? 1. If uncollectible accounts are determined by the percent-of-sales method to be 4 percent of net credit sales what is the bad debt expense for 2020? Bad debt expense for 2020 is 11050 Data Table X Accounts receivable Jan 1, 2020 Allowance for doubtful accounts, Dec 31, 2020, prior to adjustment Net credit sales during 2020 Collections on account during 2020 Cash sales during 2020 $ 28,000 1,200 245,000 95,000 35,000 Print Done Enter and

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