Business
Business, 19.05.2020 21:05, 30valgolden

Calistoga Produce estimates bad debt expense at 0.40% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $480,000 and $1,570 respectively, at December 31, 2017. During 2018, Calistoga's credit sales and collections were $320,000 and $300,000, respectively, and $1,760 in accounts receivable were written off. Calistoga's final balance in its allowance for uncollectible accounts at December 31, 2018, is:

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Calistoga Produce estimates bad debt expense at 0.40% of credit sales. The company reported accounts...

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