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Question 19 1 pts During 2008, Carbondale Inc. had sales on account of $156,000, cash sales of $54,000, and collections on account of $54,000.
Question 19 1 pts During 2008, Carbondale Inc. had sales on account of $156,000, cash sales of $54,000, and collections on account of $54,000. Their end accounts receivable (after write-offs) was $98,000. Their allowance for uncollectible accounts began with a credit balance of $1000 and ended with a credit balance of $2000. The bad debt expense for 2008 must have been: O $4,000 O none of the other choices $5,000 O $2,000 O $3,000
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