Tamarisk Discount Wholesale Company has a $$146500$ balance in Accounts Receivable and a $$300$ debit balance in Allowance for

Doubtful Accounts at year$-$end just prior to recording adjusting entries. Credit sales for the period totaled $$1003000.$ How much is the

amount of the bad debt adjusting entry if Tamarisk estimates that $4\mathrm{.}0\%$ of its receivables will be uncollectible?

eTextbook and MediaTamarisk Discount Wholesale Company has a $$146500$ balance in Accounts Receivable and a $$300$ debit balance in Allowance for

Doubtful Accounts at year$-$end just prior to recording adjusting entries. Credit sales for the period totaled $$1003000.$ How much is the

amount of the bad debt adjusting entry if Tamarisk estimates that $4\mathrm{.}0\%$ of its receivables will be uncollectible?