Clearwater Co. reported sales revenue of $4,625 in its income statement for the yeay ended...
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Accounting
Clearwater Co. reported sales revenue of $4,625 in its income statement for the yeay ended December 31,2019 . The Accounts Receivable account decreased from $1,200 to $1,000 during 2019 . The Alowance for Uncollectible Accounts decreased by 5100 during 2019 . Cash collected from customers was 54,500 . Clearwater Co iases the allowance method for recording bad debts, wrie offs and year end estimates are properly recorded. Aad Debt Expense for 2019 was: Select one: a. 5225 b. 525 c. $375 d 5925 e. $275
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