Questi oshua Company had the following information in 2014
Questi oshua Company had the following information in 2014. $ 11,000 800 41,000 9,000 49,000 Accounts receivable 12/31/14 Credit sales during 2014 Cash sales during 2014 Collections from customers on account during 2014 Uncollectible accounts are determined by the percent-of-sales method to be 2% of credit sales. How much is O A. $220 OB. $820 O C. $1,000 OD, $800 Click to select your answer. -Save forlater Previous
Solution
Uncollectible accounts expense = 41000*2% = $820 Option B is correct