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Sheridan Company has accounts receivable of $100,400 at March 31,2025 . Credit terms are 2/10,n/30. At March 31,2025 , there is a $2,300 credit balance
Sheridan Company has accounts receivable of $100,400 at March 31,2025 . Credit terms are 2/10,n/30. At March 31,2025 , there is a $2,300 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimates of bad debts are as shown below. Determine the total estimated uncollectibles at March 31,2025. Total estimated uncollectibles
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