For 2021 Rahal s Auto Parts estimates bad debt expense at 3

Last updated: 3/10/2024

For 2021 Rahal s Auto Parts estimates bad debt expense at 3 of credit sales The company reported accounts receivable and an allowance for uncollectible accounts of 87 500 and 2 300 respectively at December 31 2020 During 2021 Rahal s credit sales and collections were 406 000 and 410 000 respectively and 2 540 in accounts receivable were written off Rahal s accounts receivable at December 31 2021 are Multiple Choice 91 500 88 960 83 500 80 960