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Assume that Walmart's unadjusted trial balance reported a debit balance of $17,500 in Accounts Receivable and a debit balance of $220 in Allowance for Doubtful
Assume that Walmart's unadjusted trial balance reported a debit balance of $17,500 in Accounts Receivable and a debit balance of $220 in Allowance for Doubtful Accounts. If Walmart estimates that 6% of its receivables will be uncollectible, how much will it record as bad debts expense at 12/31/20
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