Trying to figure this out. Need help CP 7-6

EGCC Student Portal x | Topic: Unit 5 Discussion 2 * *[Solved] Petty Cash is easily mise X b what are four controls that will h X ACC Student Textbook.pdf * *Course Hero * + X File | C:/Usersicho/Downloads/ACC%20Student%20Textbook.pdf . . 313 of 691 - + 2 | A) Read aloud | \\ Draw Highlight Erase CHAPTER SEVEN / Cash and Receivables First US Edition CP 7-6 The following information is taken from the records of Salzl Corp. at its December 31 year-end: 2019 2020 Accounts written off During 2019 $2,400 During 2020 $1,000 Recovery of accounts written off Recovered in 2020 300 Allowance for doubtful accounts (adjusted balance At December 31, 2018 8,000 At December 31, 2019 9,000 Salzl had always estimated its uncollectible accounts at two per cent of sales. However, because of large discrepancies between the estimated and actual amounts, Hilroy decided to estimate its December 31, 2019 uncollectible accounts by preparing an ageing of its accounts receivable. An amount of $10,000 was considered uncollectible at December 31, 2020. Required: 1. Calculate the amount of bad debt expense for 2019. Calculate the amount of bad debt expense for 2020. CP 7-7 Sather Ltd. had the following unadjusted account balances at December 31, 2019: Accounts Receivable $150.000 Unit_5_Quiz_ACC_1...docx Open file . . . Show all X