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Wildhorse Co. has accounts receivable of $92,000 at March 31,2022 . Credit terms are 2/10,n/30. At March 31,2022 , there is a $2,230 credit balance
Wildhorse Co. has accounts receivable of $92,000 at March 31,2022 . Credit terms are 2/10,n/30. At March 31,2022 , there is a $2,230 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimates of bad debts are as shown below. (a) Determine the total estimated uncollectibles at March 312022
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