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Acme Company uses the allowance method and estimates bad debts using the percentofsales method. The company's management estimates that $3,000 of net credit sales will

Acme Company uses the allowance method and estimates bad debts using the percentofsales method. The company's management estimates that $3,000 of net credit sales will be uncollectible for the year 2025. What is the journal entry to record the estimated bad debts expense?

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