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Question 9 4 pts Using the perfect-of-receivables method, Prof. Shu Catering LLC. estimates uncollectible accounts will be 2% of $40,000 of Accounts Receivable. It has

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Question 9 4 pts Using the perfect-of-receivables method, Prof. Shu Catering LLC. estimates uncollectible accounts will be 2% of $40,000 of Accounts Receivable. It has a debit balance in its Allowance for Bad Debts account of $150. What is the allowance for bad debts? Cannot be determined O 950 800 150

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