Question: ent CALCULATOR FULL SCREEN PRINTE Question 5 Bramble Corp. has outstanding accounts receivable totaling $1.25 million as of December 31 and sales on credit during

accounts receivable totaling $1.25 million as of December 31 and sales on

ent CALCULATOR FULL SCREEN PRINTE Question 5 Bramble Corp. has outstanding accounts receivable totaling $1.25 million as of December 31 and sales on credit during the year of $6.49 million. There is also a debit balance of $5500 in the allowance for doubtful accounts. If the company estimates that 2% of its accounts receivable will be uncollectible, what will be the balance in the allowance for doubtful accounts after the year-end adjustment to record bad debt expense? $19500. $24890. O $30500. $25000

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