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A series of unrelated situations follow for several companies that use ASPE: Marin Inc.'s unadjusted trial balance at December 31, 2020, included the following accounts:
A series of unrelated situations follow for several companies that use ASPE: Marin Inc.'s unadjusted trial balance at December 31, 2020, included the following accounts: Debit Credit Allowance for doubtful accounts $7,200 Sales revenue $2,005,000 Sales returns and allowances 62,300 Sales discounts 4,500 Marin estimates its bad debt expense to be 1.5% of net sales. Determine its bad debt expense for 2020. (Round answer to O decimo places, eg. 58,971.) Bad debt expense 6A $ An analysis and aging of Bramble Corp's accounts receivable at December 31, 2020, disclosed the following: Amounts estimated to be uncollectible $168.000 Accounts receivable 1,845,000 Allowance for doubtful accounts (per books) 136.000 What is the net realizable value of Bramble Corp.'s receivables at December 31, 2020? Net realizable value TA $
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