Question: Please do fast!! I will rate you good for sure!! Please send me typed answer!! Craigmont uses the allowance method to account for uncollectible accounts.

Please do fast!! I will rate you good for sure!! Please send me typed answer!!

send me typed answer!! Craigmont uses the allowance method to account for

Craigmont uses the allowance method to account for uncollectible accounts. Its year-end unadjusted trial balance shows Accounts Receivable of $124,500 and sales of $1,025,000. If uncollectible accounts are estimated to be 0.5% of sales, what is the amount of the bad debts expense adjusting entry? Multiple Choice O $5,125 O $4,260 O $5.990 O $5,250 O $5,325

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