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Assume that Simple Company had credit sales of $251,000 and cost of goods sold of...

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Accounting

Assume that Simple Company had credit sales of $251,000 and cost of goods sold of $151,000 for the period. Simple uses the aging method and estimates that the appropriate ending balance in the Allowance for Doubtful Accounts is $3,100. Before the end-of-period adjustment is made, the Allowance for Doubtful Accounts has a credit balance of $260.
Required:
What amount of Bad Debt Expense would the company record as an end-of-period adjustment?
Bad Debt Expense
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