help hw pls The following information pertains to ABC, at the end of December:...
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help hw pls
The following information pertains to ABC, at the end of December: Credit Sales Accounts Payable Accounts Receivable Allowance for Uncollectible Accounts Cash Sales $20,000 10,000 9, 200 400 credit 20,000 ABC uses the aging method and estimates it will not collect 7% of accounts receivable not yet due, 14% of receivables up to 30 days past due, and 46% of receivables greater than 30 days past due. The accounts receivable balance of $9,200 consists of $5,500 not yet due, $1,900 up to 30 days past due, and $1,800 greater than 30 days past due. What is the appropriate amount of Bad Debt Expense? Multiple Choice $1,079. O a $1,100. $400. O $266
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help hw pls