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5. The following accounts were taken from Indigo Inc.'s trial balance at December 31, 2020. Debit Credit $734,900 Net credit sales Allowance for doubtful accounts
5. The following accounts were taken from Indigo Inc.'s trial balance at December 31, 2020. Debit Credit $734,900 Net credit sales Allowance for doubtful accounts Accounts receivable $12,740 301,400 If doubtful accounts are 3% of accounts receivable, determine the bad debt expense to be reported for 2020. Bad debt expense, as adjusted s
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