Question: Using the following information: During 2 0 2 7 , sales on account were $ 1 4 4 7 0 0 and collections on account

Using the following information:
During 2027, sales on account were $144700 and collections on account were $99800. Also during 2027, the company wrote off
$4030 in uncollectible accounts. An analysis of outstanding receivable accounts at year end indicated that uncollectible accounts
should be estimated at $41000.
Bad debt expense for 2027 is
$10030.
$4030.
$41000.
$30970.
Using the following information: During 2027, sales on account were $144700

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