venue Maggie's Haberdashery, which sells fascinators and other head coverings, had the following information in its ledger for the month of September, 2020. Sales Revenue $ 245,000 Purchases Discounts 6,000 Cost of Goods Sold 108,400 Merchandise Inventory 83,000 Sales Discounts 800 Freight-In 8,500 Sales Returns 6,100 Freight-Out 3,800 What are Net Sales for the month of September? On the Balance Sheet of ABC Corp, Accounts Receivable are shown at Net Realizable Value. What is Net Realizable Value of Accounts Receivable? Multiple Choice Accounts Receivable less Bad Debt Expense Accounts Receivable plus Allowance for Uncollectible Accounts Oo oo Accounts Receivable plus Bad Debt Expense Accounts Receivable less Allowance for Uncollectible Accounts Twilight Co. started operations in 2017 and has the following information at the end of June, 2021: $420,000 in its Accounts Receivable and $2,000 debit balance in its Allowance for Uncollectible Accounts. Credit sales for the quarter were $3,200,000 and cash sales of $1,440,000. Twilight Co. estimates its bad debts to be 3.5% of credit sales. What is the amount of Bad Debt Expense for the month? Multiple Choice $ 50,400 $ 52,400 $112,000 114,000