Question: eBook Question Content Area Allowance Method for Accounting for Bad Debts At the beginning of 2017, EZ Tech Company's Accounts Receivable balance was $132,000, and

eBook Question Content Area Allowance Method for Accounting for Bad Debts At the beginning of 2017, EZ Tech Company's Accounts Receivable balance was $132,000, and the balance in Allowance for Doubtful Accounts was $2,250. EZ Tech's sales in 2017 were $990,000, 80% of which were on credit. Collections on account during the year were $630,000. The company wrote off $4,000 of uncollectible accounts during the year. how to calculate the allowance for doubtful receivables

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