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Calistoga Produce estimates bad debt expense at 0.50% of credit sales. The company reported accounts...

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Accounting

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Calistoga Produce estimates bad debt expense at 0.50% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $499.000 and 51550 respectively, at December 31, 2020. During 2021 Calistogas credit sales and collections were $320,000 and $309.000, respectively, and 51760 in accounts receivable were written off Calistoga's 2021 bad debit expense is Multiple Choice 51600 1400 S1050 51545

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