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Wildhorse Company has accounts receivable of $101,200 at March 31, 2022. Credit terms are 2/10,n/30, At March 31, 2022, there is a $1.300 credit balance
Wildhorse Company has accounts receivable of $101,200 at March 31, 2022. Credit terms are 2/10,n/30, At March 31, 2022, there is a $1.300 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 31,2022. Totalestimated ancollectibles eTextbook and Media List of Accounts Attempts: unlimited (b) - Prepare the ad/yuting entry at March 31, 2022, to record bad debt expense. (Crodit account titles are outornotically indented when omount is entered. Do not indent manually]
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