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Find the uncollectible-account expense

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Reference no: EM131660741

Question - David Company had the following information in 2014.

Accounts receivable 12/31/14 - $14,000

Allowance for uncollectible account 12/31/14 - $750

Credit sales during 2014 - $37,000

Cash sales during 2014 - $13,000

Collections from customers on account during 2014 - $43,000

If uncollectible accounts are determined by the aging-og-receivales to be $1260, the uncollectible-account expense for 2014 would be:

A. $740

B. $510

C. $1260

D. $750

Reference no: EM131660741

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