Case study of brandon company


Brandon Company completed an aging of its accounts receivable and came up with an estimated amount of $6,342. The credit sales for the period are $85,000. The balance in the allowance for doubtful accounts is a debit of $817. If Brandon uses 5% of credit sales as its estimating uncollectible accounts, how much will the credit be to the allowance for doubtful accounts if Brandon uses the percent of credit sales as its method of estimating uncollectible accounts?

A. $5,067

B. $4,250

C. $7,159

D. $5,525

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Case study of brandon company
Reference No:- TGS0514849

Expected delivery within 24 Hours