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Business, 18.03.2020 20:14 madeleine1102

Calistoga Produce estimates bad debt expense at 0.5% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $471,000 and $1,650, respectively, at December 31, 2020. During 2021, Calistoga's credit sales and collections were $315,000 and $319,000, respectively, and $1,720 in accounts receivable were written off. Calistoga's 2021 bad debt expense is:

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Calistoga Produce estimates bad debt expense at 0.5% of credit sales. The company reported accounts...
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