Question: Question 2 ( 1 point ) Maple Co . provides for bad debts expense at the rate of 1 . 0 4 % of credit

Question 2(1 point)
Maple Co. provides for bad debts expense at the rate of 1.04% of credit sales for the period. On Jan 1,20X1, the Allowance for Bad Debts was $18,000. There were $16,000 of accounts written off during the year. Credit sales for the year were $860,000.
What is the balance in the Allowance for Bad Debts account?
Question 2(1 point) Maple Co. provides for bad debts expense at

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