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A method of estimating bad debts expense that complies with GAAP is: A. Direct write-off method. B. Income statement method. C. Aging of accounts receivable

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A method of estimating bad debts expense that complies with GAAP is: A. Direct write-off method. B. Income statement method. C. Aging of accounts receivable method. D. Both B and C Assume on December 31, ABC Inc's unadjusted trial balance included the following items: Accounts Receivable Debit balance $107,250; Allowance for Doubtful Accounts Credit balance $1,900. What amount should be debited to Bad Debt Expense, assuming 6% of outstanding accounts receivable as of December 31 is estimated to be uncollectible? A. $2,835 B. $3,755. C. $4,535, D. $6,435

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