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The following information is from the 2020 records of R &S Commercial Plumbing Company. 125 pints. Accounts receivable. December 31, 2020 Allowance for Bad Debts.
The following information is from the 2020 records of R &S Commercial Plumbing Company. 125 pints. Accounts receivable. December 31, 2020 Allowance for Bad Debts. December 31, 2020 prior to adjustment Net credit sales for 2020 Accounts written off as uncollectible during 2017 Cash sales during 2020 Bad debts expense is estimated by the percent-of-sales method. Management estimates that 3n of net credit sales will be uncolectie.Cacuate the amount of bad debts expense for 2020. $5,400 $45.000 t0ebt 1.300 (debit 180.000 14,00ck 26,000 $4,100 $6,180 $4,050
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