ASAP for both p Calistoga Produce estimates bad debt expense at...
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ASAP for both p
Calistoga Produce estimates bad debt expense at 030% of credit sales. The company repocted accounts receivable and allowance for uncoliectible accounts of $481,000 and $1,580 respectively, at December 31, 2023. During 2024, Calistoga's credit sales and collections were $323,000 and $311,000, respectively, and $1,830 in accounts recelvable were written off, Catistoga's 2024 bad debt expense is: Multiple Cholee 5969. $899. 51,044 51,34: The Genworth Company adopted the dollar-value LIFO (DVL) method on January 1, 2024 when the inventory value of its one inventory pool was $648,000. The company decided to use an external index, the Consumer Price Index (CPI), to adjust for changes in the cost level. On January 1, 2024, the CPI was 260. On December 31, 2024, inventory valued at year-end cost was $735,000 and the CPI was 273. Required: Calculate the inventory value at the end of 2024 using the dollar-value LIFO method
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