What is the amount of uncollectible expense

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Question - Jornd Portrait Studio had the following: (Use this data for the next few problems)

Accounts Receivable at March 31, 2020 $7,000.00

Allowance for Doubtful Accounts (Credit Balance) $1,000.00

Net Sales (85% on Credit) $80,000.00

Required - What is the amount of uncollectible expense if the company uses the balance sheet approach and estimates $1,200 as uncollectible in 2020?

Reference no: EM133127185

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