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Accounts Payable Bournalize the ac expense which is estimated to be 6% of net credit sales. The incol Next question bach is used. Accounts Receivable
Accounts Payable Bournalize the ac expense which is estimated to be 6% of net credit sales. The incol Next question bach is used. Accounts Receivable B (Click the ico Allowance for Doubtful Accounts Click th Bad Debts Expense Worked solution Bad Debts Recovered Record the adjus credits. Exclude explanations from journal Cash Worked Solution Sales Sales Discount Sales Returns and Allowances Net sales Date Merchandise Inventory R Dr. Cr. $ 111,000 - $ 9,900 - $ 400 = $ 100.700 Dec. 31 Net sales Estimated % Bad Debts Expense = $ 6,042 $ 100,700 6 % Done Submit 1 11:43 AM 2021-11-C 7C 10) ENG
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