Question: please help will like Chez Fred Bakery estimates the allowance for uncollectible accounts at 2% of the ending balance of accounts receivable. During 2021. Chez

please help will like

Chez Fred Bakery estimates the allowance for uncollectible accounts at 2% of the ending balance of accounts receivable. During 2021. Chez Fred's credit sales and collections were $119.000 and $143.000, respectively. What was the balance of accounts receivable on January 1, 2021. if $240 in accounts receivable were written off during 2021 and if the allowance account had a balance of $900 on December 31, 2021? Multiple Choice None of these answer choices are correct $4.3000 $69.240 $720

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