Using the following information: 
During 2014, sales on account were €290,000 and collections on account were €172,000. Also during 2014, the company wrote off €16,000 in uncollectible accounts. An analysis of outstanding receivable accounts at year end indicated that uncollectible accounts should be estimated at €118,000. Bad debts expense for 2014 is
Definitions:
Wireless Speaker
An audio device that connects and transmits audio signals using radio frequency waves or Bluetooth technology instead of audio cables, offering portability and convenience.
Mobile Device
A Mobile Device is a portable computing device such as a smartphone or tablet, capable of connecting to the Internet and running applications.
Technology
The application of scientific knowledge for practical purposes, especially in industry and the development of innovative devices, systems, or methods.
Resource Pooling
Using an outside vendor to pool cloud-based resources (servers, storage space, and more) with other companies.
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