The following information is at the end of December: Credit Sales $600,000 Accounts Payable $30,000 $57.000 Accounts Receivable $400 credit Allowance for Uncollectible Accounts $200,000 Cash Sales The company uses the percent of receivables method and estimates it will not collect of the receivable. (choose Allowance for uncollectible accounts Bad debt cxpense Net Accounts Receivable Previous at the end of December: Credit Sales $600,000 Accounts Payable Choose Accounts Receivable $3,250 $0.00 Allowance for Uncollectible Accounts $2,850 $2,830 $56,600 Cash Sales Villa $54.550 The company uses the percent of receivable $2.450 receivable. $54,150 $54.170 Choose Allowance for uncollectible accounts: Choose Bad debt expense Choose Not Accounts Receivable Previous