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Assume Simple Co had credit sales of $253,000 and cost of goods sold of S153.000 for the period Simple uses the percentage of credit sales
Assume Simple Co had credit sales of $253,000 and cost of goods sold of S153.000 for the period Simple uses the percentage of credit sales method and estimates that 2 percent of credit sales would result in uncollectible accounts. Before the end of period adjustment is made, the Allowance for Doubtful Accounts has a credit balance of $280 What amount of Bad Debt Expense would the company record as an end of period adjustment? tad Debt Expen Assume that Simple Co had credit sales of $248.000 and cost of goods sold of $149,000 for the period Simple uses the aging method and estimates that the appropriate ending balance in the Allowance for Doubtful Accounts is $2800 Before the end-of-period adjustment is made the Allowance for Doubtful Accounts has a credit balance of 5230 What amount of Bad Debt Expense would the company record as an end-of-period adjustmerit? Bad Dot Expense
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