Samar Company has the following balance on Dec 31,2019; Credit Sale Cash sale Accounts Receivable Provision...

   

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Samar Company has the following balance on Dec 31,2019; Credit Sale Cash sale Accounts Receivable Provision for doubtful debt BD 950,000 BD 700,000 BD 150,000 BD 180 Required: Record the bad debts expense for the year using each of the following methods for the estimate: Bad debts expenses is estimated to be 1% of sale on credit. Calculate the allowance for doubtful accounts using the credit sales method. (2 Points) Enter your answer Samar Company has the following balance on Dec 31,2019; Credit Sale Cash sale Accounts Receivable Provision for doubtful debt BD 950,000 BD 700,000 BD 150,000 BD 180 Required: Record the bad debts expense for the year using each of the following methods for the estimate: Bad debts expenses is estimated to be 1% of sale on credit. Calculate the allowance for doubtful accounts using the credit sales method. (2 Points) Enter your answer

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