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Assume sales of $1,000,000, a credit balance in the Allowance for Doubtful Accounts of $500. At year end, $11,500 is determined to be uncollectible. Bad
Assume sales of $1,000,000, a credit balance in the Allowance for Doubtful Accounts of $500. At year end, $11,500 is determined to be uncollectible. Bad debt expense would be debited for:
a. $11,000
b. $11,500
c. $12,000
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