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Amazon Inc. reported the following information: Cash sales Sales on account Total sales Allowance for Doubtful Accounts unadjusted credit balance Bad debt loss rate $

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Amazon Inc. reported the following information: Cash sales Sales on account Total sales Allowance for Doubtful Accounts unadjusted credit balance Bad debt loss rate $ 280,000 720, eee 1,000, 8,000 3% What is the estimate of bad debt expense if Amazon Inc. uses the percentage of credit sales method? Multiple Choice $22,000 None of the other answers are correct

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