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Determine the Calistoga bad debt expense

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Problem - Calistoga Produce estimates bad debt expense at 0.30% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $472,000 and $1,600 respectively, at December 31, 2017. During 2018, Calistoga's 47 credit sales and collections were $324,000 and $302,000, respectively, and $1,740 in accounts receivable were written off. Determine the Calistoga's 2018 bad debt expense?

Reference no: EM133046396

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