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Sandhill Company has accounts receivable of $96,500 at March 31, 2025. Credit terms are 2/10, n/30. At March 31, 2025, there is a $2.200 credit

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Sandhill Company has accounts receivable of $96,500 at March 31, 2025. Credit terms are 2/10, n/30. At March 31, 2025, there is a $2.200 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The companys estimates of bad debts are as shown below. Sandhill Company has accounts receivable of $96,500 at March 31, 2025. Credit terms are 2/10, n/30. At March 31, 2025, there is a $2.200 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The companys estimates of bad debts are as shown below

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