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A company has an accounts receivable balance of $82,600.00 and it is estimated that the true carrying amount is $75,467.20. If the beginning balance of
A company has an accounts receivable balance of $82,600.00 and it is estimated that the true carrying amount is $75,467.20. If the beginning balance of the allowance for doubtful accounts is $2,400.50 what will the bad debt expense be? a) $2,080.80 Ob) $5,212.30 Oc) $7,132.80 d) $4,732.30 e) None of the above
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