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Business, 31.12.2019 04:31 sophiat17

Calistoga produce estimates bad debt expense at ½% of credit sales. the company reported accounts receivable and allowance for uncollectible accounts of $471,000 and $1,650, respectively, at december 31, 2012. during 2013, calistoga's credit sales and collections were $315,000 and $319,000, respectively, and $1,720 in accounts receivable were written off.

calistoga's accounts receivable at december 31, 2013, are: a. $467,000. b. $473,280. c. $465,280. d. $469,280.

calistoga's 2013 bad debt expense is: a. $1,720. b. $1,650. c. $1,505. d. $1,575.

calistoga's adjusted allowance for uncollectible accounts at december 31, 2013, is: a. $1,575. b. $1,505. c. $1,650. d. $1,720.

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