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what is the answer? At December 31, Amy Jo's Appliances had account balances in Accounts Receivable of $318,000 and in Aliowance for Uncollectible Accounts of

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At December 31, Amy Jo's Appliances had account balances in Accounts Receivable of $318,000 and in Aliowance for Uncollectible Accounts of $950 (credit) before adjustment, An analysis of Amy Jo's Decembor 31 accounts recelvable suggests that the allowance for uncollectible accounts should be 5% of accounts receivable. Bad debt expense for the year should be: Muple Choice $14,950 516850 50.451 515,000

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