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ABC company unadjusted trial balance includes the following balances (assume normal balances):Accounts Receivable $746,000 Allowance for Doubtful Accounts 14,200 Bad debts are estimated to be

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ABC company unadjusted trial balance includes the following balances (assume normal balances):Accounts Receivable $746,000 Allowance for Doubtful Accounts 14,200 Bad debts are estimated to be 3% of outstanding receivables. What amount of bad debts expense will the company record? * 2 points

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