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The following Information is from the 2019 records of Albert Book Shop: Accounts receivati, December 31, 2019 $48,000 (debit) Allowance for Bad Debts, December 31,
The following Information is from the 2019 records of Albert Book Shop: Accounts receivati, December 31, 2019 $48,000 (debit) Allowance for Bad Debts, December 31, 2019 prior to adjustment 1.500 (dobit) Net credit sales for 2019 179.000 Account written off as uncollectible during 2019 15,000 Cash sales during 2019 27.000 Bad debts expense is estimated by the aging-of-receivables method Management estimates that $5,100 of accounts receivable wil be uncollectie Cote the amount of bad debe expense to 2018 O A $3,600 OB. 55,350 OG 56,600 e . $6.900
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