Bruner Company uses the percent of receivables method to estimate the amount of its uncollectible accounts expense. At the end of 2014, Bruner had a balance of $750 in its Allowance for Doubtful Accounts. The amount of Accounts Receivable at the end of the period was $80,000, and the company estimates that 4% will be uncollectible. What would be the amount of Uncollectible Accounts Expense for 2014?

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The Answer of Bruner Company uses the percent of receivables method to estimate the amount of its uncollectible accounts expense. At the end of 2014, Bruner had a balance of $750 in its Allowance for Doubtful Accounts. The amount of Accounts Receivable at the end of the period was $80,000, and the company estimates that 4% will be uncollectible. What would be the amount of Uncollectible Accounts Expense for 2014?

Bruner Company Uses the Percent of Receivables Method to Estimate