Chapter 7 Homework A Saved Help Save & Exit Submit Check my work The following information relates to a company's accounts receivable: gross accounts receivable balance at the beginning of the year, $380,000, allowance for uncollectible accounts at the beginning of the year, $27,000 (credit balance); credit sales during the year, $1,350,000, accounts receivable written off during the year, $18,000, cash collections from customers, $1,250,000. Assuming the company estimates bad debts at an amount equal to 2% of credit sales. points 1. Calculate bad debt expense for the year. 2. Calculate the year-end balance in the allowance for uncollectible accounts. eBook 1. Bad debt expense 2. Ending balance Print References