The following information is from the 2015 records of Armand Camera Shop:
- Bad debts expense is estimated by the percent-of-sales method.Management estimates that 3% of net credit sales will be uncollectible.The balance of the Allowance for Bad Debts account after adjustment will be ________.

Question

The following information is from the 2015 records of Armand Camera Shop: 
- Bad debts expense is estimated by the percent-of-sales method.Management estimates that 3% of net credit sales will be uncollectible.The balance of the Allowance for Bad Debts account after adjustment will be ________.

Quizplus · Accepted Answer

The Answer of The following information is from the 2015 records of Armand Camera Shop: 
- Bad debts expense is estimated by the percent-of-sales method.Management estimates that 3% of net credit sales will be uncollectible.The balance of the Allowance for Bad Debts account after adjustment will be ________.

The Following Information Is from the 2015 Records of Armand