Question: please post only answer, no need to explain Urban Beat Real Estate reported the following information for 2020 E (Click the icon to view the

 please post only answer, no need to explain Urban Beat Realplease post only answer, no need to explain

Urban Beat Real Estate reported the following information for 2020 E (Click the icon to view the information.) 1. If uncollectible accounts are determined by the percent of sales method to be 4 percent of not credit sales, what is the bad debt expense for 2020? 2. If uncollectible accounts are determined by the aging of receivables to be $3,500, what is the amount of net accounts receivable after adjusting entries for 2020? 1. If uncollectible accounts are determined by the percent-of-sales method to be 4 percent of net credit sales what is the bad debt expense for 2020? Bad debt expense for 2020 is 11050 Data Table X Accounts receivable Jan 1, 2020 Allowance for doubtful accounts, Dec 31, 2020, prior to adjustment Net credit sales during 2020 Collections on account during 2020 Cash sales during 2020 $ 28,000 1,200 245,000 95,000 35,000 Print Done Enter and

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