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Bad Debt Expense: Requirement: Calculate bad debt expense using the percentage of sales method. Question: A company has credit sales of $200,000, and it estimates

·Bad Debt Expense:

Requirement: Calculate bad debt expense using the percentage of sales method.
Question: A company has credit sales of $200,000, and it estimates that 2% of credit sales will be uncollectible. What is the bad debt expense for the period?

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