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Business, 08.11.2019 02:31 kyle696969
For 2018, rahal's auto parts estimates bad debt expense at 1% of credit sales. the company reported accounts receivable and an allowance for uncollectible accounts of $86,500 and $2,100, respectively, at december 31, 2017. during 2018, rahal's credit sales and collections were $404,000 and $408,000, respectively, and $2,340 in accounts receivable were written off.
rahal's final balance in its allowance for uncollectible accounts at december 31, 2018, is:
multiple choice
$4,040.
$4,100.
$3,800.
$4,340.
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For 2018, rahal's auto parts estimates bad debt expense at 1% of credit sales. the company reported...
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