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Current Attempt in Progress information related to Skyson Company for 2020 is summarized below $2.461.000 Total credit sales Accounts receivable at December 31 Blad debts
Current Attempt in Progress information related to Skyson Company for 2020 is summarized below $2.461.000 Total credit sales Accounts receivable at December 31 Blad debts written oft 830,000 34,500 ta What amount of bad debt expense will Skysong Company report if it uses the direct write-ot method of accounting for bad de $ (b) Assume that Skysome Company estimates les bad debt expense based on 5% of accounts receivable. What amount af bad dett Ic) Assume that Skysons Company estimates its bad debt expense based on 5% of accounts receivable. What amount of bad debt e Textbook and Media Sve for Later Attempts: 0 of 1 used tout now Total credit sales $ 2,461,000 Accounts receivable at December 31 830.000 Bad debts written off 34,500 hod of accounting for bad debts? be. What amount of bad debt expense will Skysong record it it has an Allowance for Doubtful Accounts credit balance of $ 4.500? le. What amount of bad debt expense will Skysong record if it has an Allowance for Doubtful Accounts debit balance of $ 4.500? eTextbook and Media Save for Later Attempts: 0 of 1 used Submit
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