Go-Dog-Go Inc. had the following account title balances as of 12/31.

Sales Revenue 96,780 

Allowance for Credit Loss 484 

debit Accounts Receivable 21,960 

a. If the company estimated uncollectible based on 7% of Accounts Receivable, what would the uncollectible amount be and what would be reported on the balance sheet?

b. If the company estimated uncollectible based on 4% of Sales, what would the uncollectible amount be and what would be reported on the balance sheet?

Answer rating: 100% (QA)

a If the company estimated uncollectible based on 7 of Accounts Receivable th... View the full answer