Question: question (5 points) On May 31, 2013 the allowance for; doubtfull accounts for Buckler Retailers had a credit balance of $4,450. The company bas

question (5 points) On May 31, 2013 the allowance for; doubtfull accounts for Buckler Retailers had a credit balance of $4,450. The company bas estimated net credit sales for the coming fiscal period to be $800,000. It also h s accounts receivable balance of $125,000. The company estimates doubtful acco on a percentage sales basis of 3.5% of credit sales. A. Did the company under or oversstlmate doubtful accounts theis past year? 1 Mark B. Calculate the allowance for doubtful a counts. 1 Mark al owance for doubtful accounts. 3 Marl

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