A company's Accounts Receivable balance at the end of the year on December 31 is $125,650, and its Allowance for Doubtful Accounts has a credit balance of $328 before the year-end adjustment. His net sales are $572,300. It estimates that 4% of outstanding accounts receivable are uncollectible. 

What amount of bad debt expense is recorded as of December 31?

Answer rating: 100% (QA)

To calculate the bad debt expense as of December 31 we need to estimate the amount of uncollecti... View the full answer