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Current Attempt in Progress Swifty Corporation's unadjusted trial balance includes the following balances (assume normal balances): $855000 Accounts Receivable Allowance for Doubtful Accounts 16000 Bad

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Current Attempt in Progress Swifty Corporation's unadjusted trial balance includes the following balances (assume normal balances): $855000 Accounts Receivable Allowance for Doubtful Accounts 16000 Bad debts are estimated to be 7% of outstanding receivables. What amount of bad debt expense will the company record? $59850 $43850 O $16000 O $58730 Save for Later Attempts: 0 of 1 used Submit Ans 19 OS ... iew Policies urrent Attempt in Progress Bramble Company has a debit balance of $5120 in its Allowance for Doubtful Accounts before any adjustments are made at the end bf the year. Based on review and aging of its accounts receivable at the end of the year, Bramble estimates that $70200 of its receivables are uncollectible. The amount of bad debt expense which should be reported for the year is: O $70200 O $65080. O $5120. O $75320 Save for Later Attempts: 0 of 1 used Submit Answer 19 A A D G

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