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The following information pertains to Casper's Cookie Company: 1.5% of A/R is estimated to be uncollectible. 2. A/R has a $300,000 debit balance. 3. Allowance
The following information pertains to Casper's Cookie Company: 1.5% of A/R is estimated to be uncollectible. 2. A/R has a $300,000 debit balance. 3. Allowance for Doubtful Accounts has a $1,250 credit balance. 4. Bad Debt Expense has a $1,200 debit balance. If an entry to record bad debts for the period is made, what will the ending balance in the Bad Debt Expense account be? Show your work
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