Business, 02.11.2020 17:00 janellesteele7498
Calistoga Produce estimates bad debt expense at 0.30% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $474,000 and $1,550 respectively, at December 31, 2020. During 2021, Calistoga's credit sales and collections were $327,000 and $315,000, respectively, and $1,840 in accounts receivable were written off. Calistoga's 2021 bad debt expense is: Multiple Choice $981. $945. $791. $1,650.
Answers: 2
Business, 22.06.2019 16:20
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Calistoga Produce estimates bad debt expense at 0.30% of credit sales. The company reported accounts...
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