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As of January 1, 2021, Barley Co. had a credit balance of $523,000 in its allowance for uncollectible accounts. Based on experience, 2% of Barley's

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As of January 1, 2021, Barley Co. had a credit balance of $523,000 in its allowance for uncollectible accounts. Based on experience, 2% of Barley's grass accounts receivable have been uncollectible. During 2021, Barley wrote of $653,000 of accounts receivable. Barley's gross accounts receivable as December 31, 2021 is $18.150,000 How much bad debt expense should Barley record for 2021 Multiple Choice $223.000 $363.000 5403.000 SUS6.000

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