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chapter 6 Q2 During the current year, Witz Electric, Incorporated, recorded credit sales of ( $ 740,000 ). Based on prior experience, it estimates a

chapter 6 Q2 During the current year, Witz Electric, Incorporated, recorded credit sales of \( \$ 740,000 \). Based on prior experience, it estimates a 2 percent bad debt rate on credit sales. Required: Prepare jo 2 answers

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