Business, 10.03.2020 00:21 Indigosiniy

Calistoga Produce estimates bad debt expense at 0.50% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $473,000 and $1,610 respectively, at December 31, 2020. During 2021, Calistoga's credit sales and collections were $335,000 and $306,000, respectively, and $1,770 in accounts receivable were written off. Calistoga's final balance in its allowance for uncollectible accounts at December 31, 2021, is:

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Calistoga Produce estimates bad debt expense at 0.50% of credit sales. The company reported accounts...