The following information is from the 2013 records of Armadillo Camera Shop: Bad debts expense is estimated by the percentage- of- sales method. Management estimates that 3% of net credit sales will be uncollectable. Which of the following will be the amount of Net accounts receivable after adjustment?
A)$17 750
B)$13 000
C)$16 550
D)$17 150

Question

The following information is from the 2013 records of Armadillo Camera Shop:  Bad debts expense is estimated by the percentage- of- sales method. Management estimates that 3% of net credit sales will be uncollectable. Which of the following will be the amount of Net accounts receivable after adjustment?
A)$17 750 
B)$13 000 
C)$16 550 
D)$17 150

Quizplus · Accepted Answer

The Answer of The following information is from the 2013 records of Armadillo Camera Shop:  Bad debts expense is estimated by the percentage- of- sales method. Management estimates that 3% of net credit sales will be uncollectable. Which of the following will be the amount of Net accounts receivable after adjustment?
A)$17 750 
B)$13 000 
C)$16 550 
D)$17 150

The Following Information Is from the 2013 Records of Armadillo