Business
Business, 25.11.2019 21:31, goodclock

As of december 31, 2018, amy jo's appliances had unadjusted account balances in accounts receivable of $311,000 and $970 in the allowance for uncollectible accounts, following 2018 write-offs of $6,450 in bad debts. an analysis of amy jo's december 31, 2018, accounts receivable suggests that the allowance for uncollectible accounts should be 2% of accounts receivable. bad debt expense for 2018 should be:

$5,250.
$6,220.
$6,450.
none of these answer choices are correct.

answer
Answers: 2

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As of december 31, 2018, amy jo's appliances had unadjusted account balances in accounts receivable...

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