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d.735 5 of 25 A company used the percent of sales method to determine its bad debts expense. At the end of the current year,

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5 of 25 A company used the percent of sales method to determine its bad debts expense. At the end of the current year, the company's unadjusted trial balance reported the following selected amounts Acesc $147.000 Awforundedecible accounts. 10 credit Net 549.000 de All sales are made on credit. Based on past experience, the company estimates 0.5% of credt sales to be uncolectible. What amount should be debited to Bad Debes Expense when the year and adjusting entry is prepared? $2.700 $2.520 $555 5 of 25 A company used the percent of sales method to determine its bad debts expense. At the end of the current year, the company's unadjusted trial balance reported the following selected amounts Acesc $147.000 Awforundedecible accounts. 10 credit Net 549.000 de All sales are made on credit. Based on past experience, the company estimates 0.5% of credt sales to be uncolectible. What amount should be debited to Bad Debes Expense when the year and adjusting entry is prepared? $2.700 $2.520 $555

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