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Question 9 10 pts The AFDA (Allowance for Doubtful Accounts) account has a credit balance of $2000 before the adjusting entry for uncollectibles expertise. The

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Question 9 10 pts The AFDA (Allowance for Doubtful Accounts) account has a credit balance of $2000 before the adjusting entry for uncollectibles expertise. The company's management estimates that 2% of niet credit sales will be uncollectible for the year Year 4. Net credit sales for the year amounted to $250,000. What is the amount of Bad Debts Expense reported on the income statement for Year 4? 55000 57000 53000 52500

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