Calistoga Produce estimates bad debt expense at 0.60% of credit sales. The company reported accounts
Calistoga Produce estimates bad debt expense at 0.60% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $482,000 and $1,590, respectively, at December 31, 2017. During 2018, Calistoga's credit sales and collections were $331,000 and $299,000, respectively, and $1,800 in accounts receivable were written off.
Calistoga's accounts receivable at December 31, 2018, are:
