Business
Business, 04.11.2020 18:10, marquezsturgis

for 2021, Rahal's Auto Parts estimates bad debt expense at 2% of credit sales. The company reported accounts receivable and an allowance for uncollectible accounts of $93,000 and $3,400, respectively, at December 31, 2020. During 2021, Rahal's credit sales and collections were $417,000 and $421,000, respectively, and $3,640 in accounts receivable were written off. Rahal's 2021 bad debt expense is:

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for 2021, Rahal's Auto Parts estimates bad debt expense at 2% of credit sales. The company reported...

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