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Widlak Co. reported sales revenue of $4,600 on its income statement for the year ended December 31, 2017. The Accounts Receivable account decreased from $1,400
Widlak Co. reported sales revenue of $4,600 on its income statement for the year ended December 31, 2017. The Accounts Receivable account decreased from $1,400 to $1,200 during 2017. The Allowance for Uncollectible Accounts increased by $300 during 2017. Bad Debt Expense for 2017 was $375. Under the cash basis of accounting, Widlak would have reported 2017 sales of:
Select one:
a. $4,800b. $4,725c. $4,325d. $4,425e. $4,025
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