The information below appeared in the accounts of the Baird Corp. as of December 31, 20x2, before the year-end adjustment to record bad debts expense:

Accounts Receivable: $26,945

Allowance for Doubtful Accounts: $438 debit

Based on an analysis of the customer balances, the management of Baird estimates that 8% of the year-end receivables balance is uncollectible.

Baird will report Bad Debts Expense of

*State your answer to the nearest dollar (no pennies).

Answer rating: 100% (QA)

The estimated amount of uncollectible accounts receivable can be calculat... View the full answer