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Based on the Following Information for Calendar 2018

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Based on the following information for calendar 2018:
Based on the following information for calendar 2018:   If bad debts expense is estimated at 1.5% of credit sales,what is the balance in the allowance for doubtful accounts at year end? A) $13,000 B) $15,625 C) $28,000 D) $36,000
If bad debts expense is estimated at 1.5% of credit sales,what is the balance in the allowance for doubtful accounts at year end?

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Definitions:

"Buzz"

"Buzz" refers to the excitement or hype generated around a particular topic, product, or event, often driven by media attention or word of mouth.

Mild Hallucinations

Sensory experiences that appear real but are created by the mind, often less intense or disturbing than full-blown hallucinations.

Sensory Awareness

The consciousness or alertness of the sensations experienced through the five senses.

Drug

Any substance that causes a change in an organism's physiology or psychology when consumed.

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