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Bad Debt Expense Question: Requirements: Estimate the bad debt expense for the year based on the following information: Accounts Receivable: $250,000 Allowance for Doubtful Accounts:

ยทBad Debt Expense Question:

  • Requirements:
    • Estimate the bad debt expense for the year based on the following information:
      • Accounts Receivable: $250,000
      • Allowance for Doubtful Accounts: $12,000
      • Historical Bad Debt Percentage: 6%

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