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Assume that a company had $1,000,000 in total credit sales and their bad debt expense was 1% of sales. What would be the amount
Assume that a company had $1,000,000 in total credit sales and their bad debt expense was 1% of sales. What would be the amount of the debit to Bad Debt Expense? Format your answer like this: $25,000 note $25,000 is not the answer but that is how you should format your answer.
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