The Stevens Company provided $57000 of services on account during 2014, its first year in ope estimates that it will be unable to collect 2% of its revenues on account. The amount of uncollectible accounts expense recognized on the 2014 income statement was o $285 O $10.000 O $1140 O $4.250 type here to search e??? Solution Uncollectible expense = 2% of service on account = 57000*2% = $1,140 answer Uncollectible expense = 2% of service on account = 57000*2% = $1,140 answer.

1. The Stevens Company provided $57000 of services on account during 2014, its first year in ope
estimates that it will be unable to collect 2% of its revenues on account. The amount of
uncollectible accounts expense recognized on the 2014 income statement was o $285 O $10.000
O $1140 O $4.250 type here to search e???
Solution
Uncollectible expense = 2% of service on account
= 57000*2%
= $1,140 answer
Uncollectible expense = 2% of service on account
= 57000*2%
= $1,140 answer