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2.50 points M8-7 Estimating Bad Debts Using the Percentage of Credit Sales Method [LO 8-2] Assume Simple Co. had credit sales of $241,000 and cost

2.50 points M8-7 Estimating Bad Debts Using the Percentage of Credit Sales Method [LO 8-2] Assume Simple Co. had credit sales of $241,000 and cost of goods sold of $141,000 for the period. Simple

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