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Assume instead that the uncollectible accounts is based on 0.5% of the $15,800,000 sales forthe year. Determine the following: a. Bad debt expense for the
Assume instead that the uncollectible accounts is based on 0.5% of the $15,800,000 sales forthe year. Determine the following: a. Bad debt expense for the year. b. Balance in the allowance account after the adjustment. C. Net realizable value of the accounts receivable at 12/31
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