Sage company’s unadjusted trial balance at december 31, 2020, included the following accounts. debit credit accounts receivable $50,500 allowance for doubtful accounts 5,670 net sales $1,255,000 sage company estimates its bad debt expense to be 5% of gross accounts receivable. determine its bad debt expense for 2020.

$2,525

Explanation:

Though net sales $1,255,000 but it did not indicate the portion of cash collected and account receivables, then we assume all sales is cash revenues.

Gross account receivables is $50,500 then its bad debt expense is $2,525 = 5% * $50,500

the answer is true.  i do believe this is the answer because of the amount of wrecks people get into each year.  if you double this with avoiding those so said wrecks, that would make you a "skilled" driver.

answer; be sure that the information on file is correct;