Calistoga produce estimates


Calistoga Produce estimates bad debt expense at 0.30% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $478,000 and $1,520 respectively, at December 31, 2012. During 2013, Calistoga's credit sales and collections were $324,000 and $310,000, respectively, and $1,790 in accounts receivable were written off.Calistoga's adjusted allowance for uncollectible accounts at December 31, 2013, is?

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Accounting Basics: Calistoga produce estimates
Reference No:- TGS0701358

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