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| 20X8 | 20X7 | |
| Accounts Receivable | $400,000 | $250,000 |
| Allowance for Doubtful Accounts | 200 | 3,500 |
| Bad Debts Expense | ?? | 2,000 |
| Credit Sales | 500,000 | 300,000 |
Compute in good form the following items:
| 1. the bad debts ar estimated to be 1% of Sales on Account |
| 2. an analysis of the Accounts Receivable indicates that $5,250 will prove to be uncollectible |