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5. The following information pertains to Christine Corp.: Credit sales for the year ended Dec. 31, 2011 450,000 Credit balance in allowance for bad debts

5. The following information pertains to Christine Corp.: Credit sales for the year ended Dec. 31, 2011 450,000 Credit balance in allowance for bad debts - Jan. 1, 10,800 2011 Bad debts written off during 2011 18.000

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