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Blossom Company unadjusted trial balance includes the following balances (assume normal balances): Accounts receivable $1900000 Allowance for doubtful accounts $37700 Bad debts are estimated to
Blossom Company unadjusted trial balance includes the following balances (assume normal balances): Accounts receivable $1900000 Allowance for doubtful accounts $37700 Bad debts are estimated to be 6% of outstanding receivables. What amount of bad debt expense will the company record? O $113930 O $76300 $74170 $119300
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Financial Accounting Information for Decisions
Authors: John J. Wild
9th edition
1259917045, 978-1259917042
