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Question 7 (of 14) Dynamic, Inc. had credit sales of $635,000 for March. Accounts receivable of $11,500 were determined to be worthless and were written

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Question 7 (of 14) Dynamic, Inc. had credit sales of $635,000 for March. Accounts receivable of $11,500 were determined to be worthless and were written off during March. Accounts receivable total $539,000 at March 31. Management feels that based on past experience, approximately 4% of net credit sales will prove to be uncollectible. 7. value: 2.00 points uming Dynamic, Inc. uses the income statement approach (an allowance method) to account for uncollectible accounts, uncollectible accounts expense for March is: O $21,560 O $33.060 O $36,900. O $25.400 9

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