Question

Cunvos 3 Ciearwater Co reported sales revenue or $4.625 in ts income statement for the year ended December 31, 2019. The Accounts Recevabie account decreased from $1.200 to $t, 00o during 2019 The Alowance for Uncolecable Accourts increased by $50 during 2019 Cash collected trom customers was $4.500 Charwater Co uses the allowance method for recordng bad debts, wnte-offs and year end estmates are property recorded Bad Dett Expense for 2019 was. Points out af Seled one O a $225 b. 525 ? $375 d $325 G e $275

Answer 1

Solution:-

d. $325

Explanation:-

($1,200 - $1,000) + ($4,625 - $4,500)

= $325.

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