Maple Co. provides for bad debts expense at the rate of 5.69% of ending Accounts Receivable. On

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Maple Co. provides for bad debts expense at the rate of 5.69% of ending Accounts Receivable. On Jan 1, 20X1, the Allowance for Bad Debts was $9,000. There were $16,000 of accounts written off during the year. Credit sales for the year were $620,000. Ending Accounts Receivable was $145,000.

What is the balance in the Allowance for Bad Debts account?

Enter your response as a whole number, no commas and no dollar signs.

Posted Date: May 18, 2024 09:12 PM

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Maple Co. provides for bad debts expense at the rate of 5.69% of ending Accounts Receivable. On

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