Business, 05.11.2019 23:31, munozjosue258
As of december 31, 2021, amy jo's appliances had unadjusted account balances in accounts receivable of $311,000 and $970 in the allowance for uncollectible accounts, following 2021 write-offs of $6,450 in bad debts. an analysis of amy jo's december 31, 2021, accounts receivable suggests that the allowance for uncollectible accounts should be 2% of accounts receivable. bad debt expense for 2021 should be:
a. $5,230
b. $6,220
c. $6,390
d. none of the above is correct
Answers: 1
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As of december 31, 2021, amy jo's appliances had unadjusted account balances in accounts receivable...
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