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At December 31, 2021, Sunland Ltd. has gross accounts receivable of $127000. There is a $9300 credit balance in the allowance for doubtful accounts. Management
At December 31, 2021, Sunland Ltd. has gross accounts receivable of $127000. There is a $9300 credit balance in the allowance for doubtful accounts. Management estimates bad debts to be 20% of accounts receivable. The company's bad debt expense for 2021 is O $9300. O $16100. O $1860. O $14240
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Data Analysis And Sampling Simplified A Practical Guide For Internal Auditors
Authors: Donald A. Dickie PhD
1st Edition
1634540611, 978-1634540612
