Question: I dont understand why I got this wrong, please show work! 3. Buffalo Co. provides for doubtful accounts based on 2% of gross accounts receivable,
3. Buffalo Co. provides for doubtful accounts based on 2% of gross accounts receivable, The following data are available for 2017. Credit sales during 2017 $4,351,800 Bad debt expense 58,400 Allowance for doubtful accounts 1/1/17 15,380 Collection of accounts written off in prior years (customer credit was reestablished) 8,190 Customer accounts written off as uncollectible during 2017 28,860 What is the balance in Allowance for Doubtful Accounts at December 31, 20177 The balance in Allowance for Doubtful Accounts 8174d
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