Finland Inc has the following Accounts Receivable Aging on March 31 1-90 days 91-180 days...
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Finland Inc has the following Accounts Receivable Aging on March 31 1-90 days 91-180 days 181-365 days 366+ days Aging Bucket Current Amount 300,000 Outstanding 180,000 100,000 50,000 15,000 March sales were $320,000 What is Finland's bad debt expense for March using the Percentage of Sales Method and a reserve rate of 1% 6,450 3,000 O 3,200 150
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