Ightning uses the aging method and estimates it will not collect 7% of accounts receivable not yet due, 15% of receivables up to 30 days past due, and 45% of receivables greater than 30 days past due. The accounts receivable balance of $8,600 consists of $5,500 not yet due, $2,100 up to 30 days past due, and $1,000 greater than 30 days past due. What is the appropriate amount of Bad Debt Expense

The answer is yes it's correct they have to guarantee that job back when they come back

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Answer determine the transaction price;