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Trendy Calendars is a new business. During its first year of operations, credit sales were $40,000, and collections of credit sales were $36,000. One account,

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Trendy Calendars is a new business. During its first year of operations, credit sales were $40,000, and collections of credit sales were $36,000. One account, $650, was written off. Using the aging- of-receivables method, management calculates $200 as its estimate of uncollectible amounts at year end. Prepare the journal entry to record bad debts expense. Omit explanation. Edit View Insert Format Tools Table 12ptv Paragraph | BI U A TP

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