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Smooth Clothing Company is products to customers on a credits and entry for bad at perseis recorded only at December 31. the companys Expenses recorded

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Smooth Clothing Company is products to customers on a credits and entry for bad at perseis recorded only at December 31. the companys Expenses recorded only at December the company cayend. The 2020 balance sheet disclosed the aceable towance collectible accounts of 555.000 $445.000 During 2021. creat sales were 52.050.000 cash colection from customers 52708000and 2000. Anape of counts recentes December 31, 2001.reas the follow 1. What is the balance of gross accounts receivable due from customers at the end of 20212 2. What is the balance of allowance for collectible accounts at the end of 2021 before adjusting for bad debt expense 3. Assume bad debit expense is to be 19 of credit sales for the year what is the balance of allowance for uncollectie accounts at the end of 2021 after adjusting for bad debit expense! 4. Assume anaging of accounts receivable schedule is prepared and the lowance for uncollectible accounts is a usted according 3. What is the amount of bod e ms for 2012 . What would be the m o unt of accounts receivable reported in the 2021 balance sheet

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