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Connecticut Trees Inc, uses the allowance method to account for uncollectibles. The company's Accounts Receivable balance at December 31, 2017 was $14,000. The balance of

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Connecticut Trees Inc, uses the allowance method to account for uncollectibles. The company's Accounts Receivable balance at December 31, 2017 was $14,000. The balance of Allowance for Bad Debts at December 31, 2017 was a credit balance of S 800. During 2017, the company's net credit sales totaled $450,000. Based on prior experience, the company expects that bad debts will be 1% of credit sales. The adjusting entry to record Connecticut Trees bad debt expense on December 31, 2017 using the percent-of-sales method will include which of the following: A Debit to bad debt expense of $1,400 B. Debit to bad debt expense of $4,500 C. Debit to bad debt expense of $3,700 D. Debit to bad debt expense of S 600 E. None of the above

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